Ethanol stocks fall as exports increase

In Washington, Brownfield Ag News reports ethanol production rose slightly 1.04 million barrels per day as some plants came out of seasonal maintenance and Iowa State University researchers said crush margins returned to positive territory for the average plant in the state. Stocks fell to a 15-week low despite the increased production, however, to 25.389 million barrels. Lower stocks were in part a result of higher exports that reached 141,000 barrels a day, an increase of 66,000 compared to the week prior.