Ethanol production jumps as new corn crop comes in

In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol production jumped to 1.071 million barrels last week as the first of the corn harvest began rolling in, and most facilities completed their annual maintenance shutdowns. Stocks continued to fall to 22.72 million barrels, 44,000 barrels less than the week prior, despite the increase in production. Exports also jumped last week to 138,000 barrels per day, up 50,000 bpd from the week before.