Ethanol & DDGS Production – Ethanol production drops by 11,000 b/d

According to the EIA’s Weekly Petroleum Status Report, ethanol production fell by 11,000 barrels to a 973,000 b/d average. Production is still running at historically high levels, but no longer within the top 10 averages. Stocks fell 0.92% and gasoline demand increase 3.6%.  Ethanol imports held at zero for the thirteenth straight week. The drop in production led to a decrease in the…