25.
02.22
13:09

US ethanol production hits three-week high

Across the Pacific, corn prices were mixed yesterday despite bullish signals from wheat markets. In particular, there was a spread between the old and the new harvest. According to the latest data from the EIA, daily ethanol production was 1.024 million barrels per day. This exceeded the value of the previous week, at the same time production rose to a three-week high. Inventories have increased to 25.504 million barrels. For today's export figures, market participants expect a range of 500,000 to 900,000 tons.

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