U.S. ethanol production, stocks down

U.S. ethanol production declined last week and stocks got a little tighter. The U.S. Energy Information Administration says production averaged 1.046 million barrels a day, down 23,000 on the week, with some plants restricting hours because of poor margins. The Renewable Fuels Association says the four-week average for production is now 1.051 million barrels per …

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