Ethanol & DDGS Production – Ethanol production backs off all time highs, but still sets pace as 6th highest production level on record this week

According to the EIA’s Weekly Petroleum Status Report, ethanol production dropped by 12,000 barrels to 980,000 barrels per day, its 6^th highest weekly production level on record. Inventories increased 2.33%, while gasoline demand fell by 4.4%.  Ethanol imports held at zero for the eighth consecutive…