U.S. ethanol production declined slightly last week.
The U.S. Energy Information Administration says production averaged 1.074 million barrels a day, down 2,000 on the week, but up 13,000 on the year.
Iowa State University’s Center for Agricultural and Rural Development says operating margins for the average Iowa plant slipped a little bit, while remaining in positive territory and above a year ago.
Net inputs of ethanol purchased by refiners and blenders and the volume of gasoline supplied to the consumer market both showed week-to-week improvements.
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