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Ethanol production up, demand signals mixed

U.S. ethanol production rose to a three-month high last week.

The U.S. Energy Information Administration says production averaged 1.105 million barrels per day, the highest since early June, an increase of 30,000 on the week and 25,000 on the year.

Iowa State University’s Center for Agricultural and Rural Development says estimated operating margins for the average Iowa plant are the best they’ve been so far in 2025, indicating a solid return.

Ethanol stocks of 22.837 million barrels were 273,000 above the previous week, but 877,000 below a year ago.

The Renewable Fuels Association says that net inputs of ethanol purchased by refiners and blenders and the volume of gasoline supplied to the market were both eight-week lows as summer driving season comes to an end.

Ethanol exports averaged 121,000 barrels per day, 32,000 higher than the week before, but 56,000 lower than this time last year.

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