date:Apr 29, 2016
nol
US energy data showed weekly ethanol production was down 12,000 barrels to 927,000 barrels per day.
Stocks of the corn-based biofuel were also lower, at 21.6m barrels, down by 417,000 barrels.
But the Argentinian government announced a 2% boost to the minimum amount of ethanol that must be blended into gasoline, to 12%.
Still, ethanol prices were down by 0.6% in afternoon deals, at $1.534 a barrel.
July corn futures finished down 0.6%, at $3.80 a bushel.
Northern Hemisphere in good co