Ethanol & DDGS Production – Ethanol production drops by 8,000 b/d

According to the EIA’s Weekly Petroleum Status Report, ethanol production fell by 8,000 barrels to a 965,000 b/d average. Production is at its lowest level in the past two months. Stocks grew by 89,000 barrels as gasoline demand dropped 4.2%.  Ethanol imports held at zero for the fourteenth straight week. The drop in production led to a decrease in the demand for corn.  Corn use…