UPDATE 1-U.S. ethanol output falls to two-year low


* Ethanol output falls 6,000 bpd to 796,000 bpd * Daily output lowest since records began in June 2010 By Michael Hirtzer July 25 (Reuters) - U.S. ethanol production fell last week to the lowest level in at least two years, posting a sixth straight week of decline as surging corn prices and tight supplies of the grain squeezed margins at biofuel refineries, government data showed on Wednesday. Ethanol production fell 6,000 barrels to 796,000 barrels per day in the week ...

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