U.S. ethanol output and stocks slide in last week

Newswire

* Ethanol output falls 17,000 bpd to 883,000 bpd * Stocks fall 428,000 to 20.76 mln bbls * Valero idles Indiana plant By Carey Gillam June 27 (Reuters) - Production of U.S. ethanol slid nearly 2 percent over the last week as plants continued to slow output due to poor profit margins, while stocks dropped 2 percent as well, the Energy Information Administration reported on Wednesday. U.S. ethanol stocks were pegged at 20.8 million barrels, down 428,000 barrels for the week that ended June ...

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