Vegetable Fats & Oils

Vegetable Fats & Oils

 

Distillers Corn Oil Production – Ethanol production continues higher, gasoline demand sinks and ethanol stocks climb

According to the EIA’s Weekly Petroleum Status Report, ethanol production fell 1.7% to 936,000 barrels per day (b/d). Stocks also moved lower despite gasoline demand dropping nearly 9% from last week. Ethanol stocks dropped 64,000 barrels 20.483 million barrels. The lower production decreased the ethanol industry’s demand for corn, dropping it to 13.94…

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