Ethanol & DDGS Production – Daily DDGS output increases by 4%, hits 3rd highest rate as ethanol production increases

According to the EIA’s Weekly Petroleum Status Report, ethanol production hit its third highest level last week, reaching a daily average of 993,000 b/d for the week ending 12/4. Production was up 4% from the week prior. Stocks narrowed, dropping by 168,000 barrels. Gasoline demand increased by 139,000 b/d and ethanol imports dropped back to…