Distillers Corn Oil Production – Daily corn oil production drops as ethanol production slows during week ending 01/29/16

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…