NEWS
Wed Mar 12, 2014 12:14 PM CDT

NEW YORK (DTN) -- Domestic ethanol supplies and production both declined again last week, with total inventories plunging 700,000 barrels (bbl), or 4.2%, to a better-than two-month low of 15.9 million bbl during the week-ended Mar. 7, data released by the U.S. Energy Information Administration showed.

Total stockpiles are 2.8 million bbl, or 14.9%, below a year ago, with declines seen along the East Coast and in the Midwest.

The EIA data showed PADD 1 East Coast supplies were drawn down 300,000 bbl to 4.6 million bbl last week, the lowest since EIA started keeping ethanol records. A lack of ...

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