NEWS
Fri Jan 4, 2013 04:44 PM CST

NEW YORK (DTN) -- U.S. ethanol inventories were drawn down for the second straight week as production from domestic refineries tumbled while implied demand eased, according to data from Energy Information Administration.

EIA data released a released a short while ago detailed a 102,000 barrel (bbl) draw to 20.213 million bbl for the week-ended Dec. 28 while supply is up 12.6% from a year ago.

The stock draw came as output of ethanol from plants across the nation decreased 27,000 barrels per day (bpd), or 3.2%, to 807,000 bpd last week, while down 16.2% compared to the year-ago rate.

Implied ...

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