Ethanol & DDGS Production – Ethanol production continues higher, gasoline demand sinks and ethanol stocks climb

According to the EIA’s Weekly Petroleum Status Report, ethanol production continued to edge higher, climbing 0.63% to 953,000 barrels per day (b/d). Stocks grew as gasoline demand moved lower. Ethanol stocks moved up by 2.39% to 21.317 million barrels. The higher production increased the ethanol industry’s demand for corn, pushing it to 14.2…