Ethanol & DDGS Production – Daily DDGS output hits 3rd highest weekly production rate on record as ethanol production soars

According to the EIA’s Weekly Petroleum Status Report, ethanol production soared 21,000 barrels per day to a 999,000 b/d average. This is the third highest weekly production rate on record and the second highest rate seen this year. Gasoline demand moved 0.5% higher, but stocks fell by 2% despite the jump in production. Ethanol…