Analysts see ethanol stocks falling for seventh straight week

In Illinois, Dow Jones reports that analysts it surveyed expect ethanol stocks to have shrunk even further when data from the Energy Information Administration is released on Wednesday to as low as 21 million barrels. Further shrinkage in shocks would see the streak continue for seven weeks running. They see ethanol production to remain steady at between 913,000-933,000 barrels per day compared to 923,000 bpd produced the week prior. Analysts didn’t take a gander at blending demand, however.