NEWS
Ethanol Blog
George Orwel DTN Energy Reporter
Mon Feb 11, 2013 02:12 PM CST

Spot ethanol prices extended higher in early trade Thursday, with the gains continuing to be driven by data released yesterday showing a steep decline in weekly U.S. ethanol production, trade sources said.

The Energy Information Administration reported ethanol production down 22,000 bpd for the week-ended Jan. 25, off more than 100,000 bpd from the year prior period.

Four-week average ethanol production was 793,000 bpd, also down more than 100,000 bpd from the four-week average a year ago.

A combination of lower corn supplies, higher corn prices for ethanol producers, and weaker gasoline demand contributed to U.S. ethanol output falling from ...

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