UPDATE 2-U.S. ethanol output jumps 2 pct to record high

Newswire

* U.S. ethanol production jumps to record 962,000 bpd * U.S. ethanol stocks up 11,000 bbls to 17.67 mln * Profitability eroding (Adds analyst comment, details) By Carey Gillam Dec 29 (Reuters) - U.S. ethanol production hit a record high last week, jumping 2 percent over the previous week's tally, the Energy Information Administration reported on Thursday. U.S. ethanol production totaled 962,000 barrels per day in the seven days to Dec. 23, up 19,000 barrels per day from the previous week. ...

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