Weekly ethanol production, stocks slightly higher

U.S. ethanol production and stocks were up modestly last week.

The U.S. Energy Information Administration says production averaged 1.048 million barrels a day, up 6,000 on the week, as the industry continues to wait for potential changes to the biofuel mandate and implementation of year-round E15 use.

Stocks were up 139,000 barrels on the week at 2.93 million.

The USDA expects record corn for ethanol use this marketing year.

Continue reading Weekly ethanol production, stocks slightly higher at Brownfield Ag News.