Ethanol & DDGS Production – Daily DDGS output slides to lowest level in nearly two months as ethanol production throttles back

According to the EIA’s Weekly Petroleum Status Report, ethanol production fell 16,000 barrels per day to a 976,000 b/d average. Gasoline demand edged 0.22% lower and ethanol stocks fell an impressive 3.5%. Ethanol imports remained at zero for the 16th consecutive week. Lower ethanol production reduced corn demand by 237,000 bushels…