EIA: US Ethanol Stocks, Production Down

Source: By DTN/Progressive Farmer • Posted: Thursday, December 14, 2017

NEW YORK (DTN) — The U.S. Energy Information Administration released a weekly report Wednesday, Dec. 13, showing decreases for U.S. ethanol inventories and plant production while blending demand increased in during the week-ended Dec. 8.

The EIA’s Weekly Petroleum Status Report showed fuel ethanol stockpiles declined by 100,000 barrels (bbl), or 0.4%, to a 22.4 million bbl, moving off a better-than-four-month high posted a week prior, with a year-over-year supply overhang at 3.3 million bbl or 17.3%.