U.S. ethanol production was up slightly last week as stocks stayed nearly unchanged.
The U.S. Energy Information Administration says production averaged 1.047 million barrels a day, up 5,000 from the previous week, which was delayed by EIA systems upgrades, and 36,000 more than a year ago.
Iowa State University’s Center for Agricultural and Rural Development says operating margins for the average Iowa plant are below the 2023 highs, but remain firmly in positive territory.