NEWS
Ethanol Blog
Rick Kment DTN Analyst
Wed Oct 9, 2013 04:19 PM CDT

For the third straight week in a row, ethanol inventory levels continue to drop. Total supplies were listed at 646 million gallons, and 20.1% lower than year-ago levels.

This is a reduction of 4.2 million gallons from week-ago levels. The focus in the futures market is on the potential for tighter supplies, but given that ethanol markets have had to worry about a glut heading into the end of the year during the last two years, most are focusing on market stability rather than pushing prices aggressively higher.

Production of ethanol the first week of October decreased nearly 300,000 gallons ...

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