US Ethanol Stocks Rise on Solid Ethanol Production and Declining Gasoline Consumption.
Summary: US ethanol production was up about 3% this past week to its highest level since Jan 2020. Ethanol stocks rose 2% . Gasoline consumption slipped this week and is down 14% from 2019. Blender demand slipped 1%. Futures-based ethanol producer margins on Jun 04 were 34 cents/gln, up 3.6 cents from the previous week. Blender margins…