stockpiles of us ethanol are at their lowest level since june the eia reported this week in its weekly report released thursday the eia said that us ethanol inventories for the week ended sept 3 totaled 2039 million barrels  down 720000 barrels from this time last week the decline is more than expected by analysts analysts surveyed by dow jones this week had expected stockpiles to decline to a range of 2085 million barrels to 2108 million barrels meanwhile daily ethanol production rose for the week jumping to 923000 barrels per day the uptick reported this week ends nine straight weeks of decline in daily production analysts had forecast production to be reported anywhere from 880000 barrels per day to 940000 barrels per day corn futures are slightly higher in trading thursday the mostactive futures contract is up 01 currently to more than 511 per bushel to see related data search us doe oil data padd breakdown in dow jones newsplus