Weekly ethanol production increased 5,000 barrels to 931,000 and stocks increase 139,000 barrels to 20.409 million. Production was about 10 percent lower than this time last year and stocks are off 11 percent. A Bloomberg poll looked for production to be down 2,000 and stocks to decrease 126,000 barrels. FI was looking for an increase in production and stocks. Weekly gasoline supplied was 9.1 million barrels, highest since mid-March.
Senior Commodity Analyst – Grain and Oilseeds
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