Ethanol stocks have grown for seven consecutive weeks.
The U.S. Energy Information Administration says the domestic supply swelled to 25.695 million barrels last week, the largest since late March 2023, and up 1.324 million on the week and 2.293 million on the year.
That rise is partially due to a combination of slower consumer demand caused by weather and the faster than a year ago pace of production.
Ethanol production averaged 1.054 million barrels a day, 8,000 less than the previous week, but 44,000 more than this time last year.