Ethanol stocks drop to two-year low despite slight increase in production

October 9, 2019 |

In Washington, DTN reports that Energy Information Administration data shows ethanol production rose by 5,000 barrels per day last week to 963,000 bpd but even so, stocks fell to two year lows of 21.2 million barrels, down 2 million barrels on the week. The Gulf Coast region where most exports leave from fell by 800,000 barrels while the key Midwest producing region saw stocks fall by half a million barrels. Stocks fell in all regions except for the Rocky Mountain region that held flat.

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Category: Producer News

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