Ethanol production was up modestly last week, while stocks got slightly tighter.

The U.S. Energy Information Administration says production averaged 1.067 million barrels a day, up 9,000 barrels on the week and 153,000 on the year.

The Renewable Fuels Association says net inputs by ethanol refiners and blenders were the highest since August 2019 and the weekly volume of gasoline supplied to the market was record large, with both well above a year ago.

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