Ethanol production falls slightly while stocks build back up again

In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol production fell slightly to 1.11 million barrels per day but the four-week average remains a record high of 1.1 million bpd. As a result, stocks are finally building back up, reaching a seven-week high last week of 22.563 million barrels, more than half a million barrels higher than the week before. Ethanol exports remained steady on the week at 144,000 bpd per day.