(NAFB) – Weekly ethanol production and stocks data released this week shows levels are headed back towards 2019 levels. Your browser doesn’t support HTML5 audio Your browser doesn’t support HTML5 audio Your browser doesn’t support HTML5 audio
Arlen Suderman, Chief Commodities Economist for StoneX Group, Inc, says the levels indicate the market is breaking the pandemic mindset.
Suderman adds ethanol demand remains strong.
Add to that, ethanol production last week reached 15 month highs.