Ethanol & DDGS Production – Daily DDGS output dropped as ethanol production continues lower

According to the EIA’s Weekly Petroleum Status Report, ethanol production fell by 2,000 barrels per day to a 959,000 b/d average. Despite the drop in production, stocks increased as gasoline demand continued to pull back.  Ethanol imports remained at zero for the seventh straight week. The drop in ethanol production reduced corn demand by 190,000 bushels to…