NEWS
Wed Oct 30, 2013 11:07 AM CDT

CRANBURY, N.J. (DTN) -- The Energy Information Administration on Wednesday reported a 500,000 barrel (bbl) drawdown in domestic ethanol stockpiles to their lowest on record while U.S. ethanol plants ramped up production to their highest output rate since June 2012 during the week-ended Oct. 25.

The stock drawdown, with supply lower in the Midwest and East and West Coasts and flat elsewhere, occurred while blending demand reached a 3-1/2 month high for the week reviewed.

Midmorning, EIA said U.S. ethanol stocks fell 500,000 bbl to 15.0 million bbl, the lowest supply level since the government began reporting weekly ethanol stock ...

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