date:Nov 09, 2012
as well and ethanol production for the week ending November 2nd averaged 827,000 barrels per day which is up 0.25 per cent vs. last week and down 9.2 per cent vs. last year.
On top of the better production, ethanol stocks were drawn down which could imply a significant improvement in overall ethanol demand.
Total ethanol production for the week was 5.79 million barrels which was up from 5.77 the week prior. Corn used in last week's production is estimated at 86.8 million bushels which was u