U.S. ethanol production declined last week as stocks rose.
The U.S. Energy Information Administration says production averaged 1.035 million barrels a day, a seven week low and down 44,000 on the week, partially due to Thanksgiving, but up 105,000 on the year.
Iowa State University’s Center for Agricultural and Rural Development says ethanol margins dipped slightly, but remained near the recent highs and the USDA says Midwest ethanol prices were higher.
