Domestic ethanol inventory fell for the first time in five weeks during the final week of January, while production rebounded after two weekly drops and blending demand held to the upside, according to data released Wednesday, Feb. 5, from the Energy Information Administration.
According to Progressive Farmer, data show U.S. ethanol supply fell for the first time in five weeks, dropping 770,000 barrels (bbl) in the week ended Jan. 31 to 23.474 million bbl, 1.7% below the same week last year.
