U.S. ethanol production shot higher last week and stocks surged. The U.S. Energy Information Administration says production averaged 1.107 million barrels a day, a jump of 36,000 on the week and 144,000 on the year, for the highest weekly...
U.S. ethanol production shot higher last week and stocks surged.
The U.S. Energy Information Administration says production averaged 1.107 million barrels a day, a jump of 36,000 on the week and 144,000 on the year, for the highest weekly average since late October 2021.
That rise can be tied to producers trying to get ahead of the holiday slowdown.
The Iowa State Center for Agricultural and Rural Development says operating margins for the average Iowa plant bounced from previous week, creeping back into positive territory.
