Ethanol & DDGS Production – Ethanol production drops by 4,000 b/d

According to the EIA’s Weekly Petroleum Status Report, ethanol production edged 4,000 barrels lower to a 961,000 b/d average. Production is at its lowest level since May 15th. Stocks fell by 413,000 barrels as gasoline demand increased 3.7%.  Ethanol imports held at zero for the fifteenth consecutive week. The drop in production led to a decrease in the demand for corn.  Corn use…