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U.S. ethanol production drops, snaps four-week rise

KANSAS CITY, Missouri (Reuters) - U.S. ethanol production slipped in the last week as profit margins narrowed and domestic demand waned, snapping a four-week rise in output.

KANSAS CITY, Missouri (Reuters) - U.S. ethanol production slipped in the last week as profit margins narrowed and domestic demand waned, snapping a four-week rise in output.

The Energy Information Administration said on Wednesday that U.S. ethanol production totaled 899,000 barrels per day, down about 1 percent from 908,000 barrels per day (bpd) the previous week. The weekly production of 6.293 million barrels is still the third-highest weekly output level over the last two months.

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