Ethanol stocks remain steady ahead of Christmas

In Washington, DTN reports Energy Information Administration data shows ethanol stocks remained steady in the run up to Christmas at 20.7 million barrels. So while there were drawdowns in the Gulf region, indicating exports, as well as the West Coast, increased production in the Midwest saw stocks there increase, keeping levels flat. All coastal regions have significantly fewer stocks than this time last year. Ethanol production averaged 1.059 million bpd last week while the four-week average was at 1.072 million bpd.