Home / Markets / Markets Analysis / Corn market / Margins favor more ethanol production

Margins favor more ethanol production

05/22/2013 @ 10:16am

U.S. ethanol production rose 2.1% to 875,000 barrels a day in the week through Friday, continuing the prior week's trend, data from the U.S. Energy Information Administration showed Wednesday.

Ethanol producers struggled with low margins for much of last year and early this year, pushing output levels lower. But output recovered after a drop in corn prices at the end of March, and some ethanol plants that were idled have now resumed operation.

U.S. ethanol stocks last week fell 0.2% to 16.2 million barrels from 16.4 million barrels the prior week, continuing a recent decline.

Write to Andrew Johnson Jr. at andrew.johnsonjr@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

May 22, 2013 11:07 ET (15:07 GMT)

DJ Weekly U.S. Ethanol Output Up 2.1% to 875,000 Barrels a Day->copyright

CancelPost Comment

amazing. 05/23/2013 @ 3:08am wonderful.

Report Abuse Reply
MORE FROM DOW JONES NEWSWIRES more +

USDA: Reporting Hog Deaths Required By: 04/18/2014 @ 10:45am The U.S. Department of Agriculture said Friday it will require the pork industry to report…

Wheat Futures Rise as Cold, Drought Threaten… By: 04/17/2014 @ 3:51pm Wheat futures rose for the third time in four sessions on speculation that cold weather earlier…

Ukraine Upheaval Sparks Business Concerns By: 04/17/2014 @ 1:22pm Escalating military action and sanctions are forcing executives around the globe to map out…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Farm Bill 2014 Timeline