NEWS
Ethanol Blog
Rick Kment DTN Analyst
Wed May 20, 2015 03:00 PM CDT

Even though inventory levels rebounded at the end of last week according to the latest weekly EIA report, the main focus was placed on the aggressive surge in production levels seen during the week.

Ethanol production increased 1.9 million gallons per day, which represents a 5% increase from week-ago levels. Even though overall demand for ethanol increased as blending demand going into gasoline is seasonally increasing before the holiday weekend, the surge in production took the market by surprise Wednesday.

The impact of higher production pushing inventory levels higher 0.7% for the week led to a moderate selloff in ethanol ...

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