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Ethanol production impacted by holiday week

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U.S. ethanol production and stocks were both lower last week.

The U.S. Energy Information Administration says production averaged 1.011 million barrels a day, the lowest since early October, down 12,000 on the week and 7,000 on the year with some plants operating at reduced schedules because of Thanksgiving.

Iowa State University’s Center for Agricultural and Rural Development says operating margins for the average Iowa plant were nearly unchanged, holding in positive territory.

Ethanol production impacted by holiday week