Ethanol’s discount to gasoline strengthens on U.S. corn report

ETHANOL'S DISCOUNT TO GAS future strengthened to the narrowest level in three weeks as a new report showed corn stockpiles were lower than expected.  / BLOOMBERG FILE PHOTO/PATRICK FALLON
ETHANOL'S DISCOUNT TO GAS future strengthened to the narrowest level in three weeks as a new report showed corn stockpiles were lower than expected. / BLOOMBERG FILE PHOTO/PATRICK FALLON
CHICAGO - Ethanol’s discount to gasoline futures strengthened to the narrowest level in three weeks after a government report showed that corn stockpiles in the U.S. were lower than analysts expected. The spread shrank for a third day as the U.S. Department of Agriculture said corn inventories dropped to the least in nine years for…

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