Thu May 28, 2015 11:36 AM CDT

NEW YORK (DTN) -- The U.S. Energy Information Administration released a report late morning Thursday showing ethanol stocks in the United States fell to the lowest level this year while domestic output rose to a five-month high during the week-ended May 22.

The report shows total ethanol inventories were drawn down 300,000 barrels (bbl), or 1.6%, to 20.1 million bbl last week, trimming a year-on-year surplus to 2.6 million bbl or 14.9%.

The EIA report showed soaring production, as domestic output jumped 11,000 barrels per day (bpd), or 1.15%, last week to a 969,000 bpd, the highest since Dec. 26, ...

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