NEWS
Wed Aug 28, 2013 11:30 AM CDT

NEW YORK (DTN) -- U.S. ethanol supply plunged to a seven-week low last week, with inventories posting a draw of 232,000 bbl or 1.4% to 16.25 million bbl during the week-ended Aug. 23, driven by lower domestic production and falling imports, according to data from the U.S. Energy Information Administration.

At 16.25 million bbl, total stocks are 2.2 million bbl or 12.1% below a year ago, their lowest point since July 5, when stocks were at 15.719 million bbl, EIA data show.

Regionally, a stock draw last week occurred in PADD 2 Midwest, where supplies tumbled 300,000 bbl to 5.2 ...

Quick View