U.S. ethanol supply biggest since July 2019

U.S. ethanol supply biggest since July 2019

U.S. ethanol supplies hit more than six-month highs last week.

The U.S. Energy Information Administration says stocks were up 884,000 barrels from the previous week at 24.358 million, the largest domestic supply since late July 2019.

Production averaged 1.0.33 million barrels a day, down 48,000 on the
week.

Tuesday,
the USDA raised its’ corn for ethanol use estimate, with the next projection
out March 10th.

Continue reading U.S. ethanol supply biggest since July 2019 at Brownfield Ag News.

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