Distillers Corn Oil Production – Ethanol production hits 6th highest average production rate

According to the EIA’s Weekly Petroleum Status Report, ethanol production ramped higher by 19,000 barrels to 987,000 b/d, achieving the 6^th highest production rate in history. Stocks climbed 1.58% and gasoline demand fell 2%.  Ethanol imports held at zero for the eleventh straight week. Higher ethanol production equals greater demand for corn.  Corn…