Domestic ethanol inventory fell more than 2.5% in the first week of March as blending demand jumped to an 11-week high while plant production dropped from a four-week high, the Energy Information Administration reported midmorning.
According to a report at Progressive Farmer, data show U.S. ethanol supply dropped 630,000 barrels (bbl) to 24.334 million bbl, a five-week low but 2.5% higher than same week last year.
