U.S. ethanol stocks at all-time high

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U.S. ethanol stocks at all-time high

U.S. ethanol stocks hit a record high last week.

The U.S. Energy Information Administration says the domestic supply grew 423,000 barrels to 24.781 million, while production averaged 1.040 million barrels a day, an increase of 7,000 from the previous week.

The USDA recently raised its’ corn for ethanol use estimate with the next projection out March 10th.

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