NEW YORK (DTN) -- The Energy Information Administration released data Wednesday showing ethanol inventories in the United States fell last week from an 18-month high despite an increase in domestic production.
Total ethanol stocks fell 177,000 barrels (bbl) to 18.651 million bbl during the week-ended Oct. 3. Stocks remain 3.3 million bbl, or 21.2%, above a year ago.
Regionally, stocks fell in the East Coast and Midwest while up along the West Coast. Stocks in Gulf Coast and the Rocky Mountains were little changed.
Plant production rose 20,000 barrels per day (bpd) last week to 901,000 bpd while 3.8% higher ...