Ethanol & DDGS Production – Daily DDGS output increases, records 2nd highest production rate on record

According to the EIA’s Weekly Petroleum Status Report, ethanol production posted its second highest rate on record as production increased 7,000 barrels per day to a 1,003,000 b/d average. Increased production led to an expansion in stocks. Stocks climbed to their highest level in nearly a year, expanding 246,000 barrels. Gasoline demand rebounded from…