NEWS
Ethanol Blog
Rick Kment DTN Analyst
Wed Mar 26, 2014 03:36 PM CDT

Ethanol prices turned lower Wednesday following the latest EIA report data which posted a strong bounce in ethanol inventories at the end of last week. Weekly inventory levels increased 2.5% or 16.5 million gallons in just one week. Total ethanol supplies are currently at 657.4 million gallons. This is still 10.3% under year-ago levels, and could help keep buyers aggressive going into the summer driving season.

This inventory boost came as overall ethanol production across the country slipped slightly. Total ethanol production fell 0.7% or 252,000 gallons of ethanol per day. The recent support in corn prices are still overshadowing ...

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