NEW YORK, April 4 (Reuters) - Average profits for distilling U.S. ethanol fell this week as corn prices soared to a record $6 a bushel, after a government report showed farmers would plant less of the grain this year, analysts said.
Ethanol margins fell about 10 cents to 15 to 25 cents per gallon from last week's range on higher prices for corn, the main U.S. feedstock for the alternative motor fuel, analysts estimated.
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