Distillers Corn Oil Production – Daily corn oil output slides as ethanol production continues to ease off recent highs

According to the EIA’s Weekly Petroleum Status Report, ethanol production fell by 9,000 barrels per day to a 978,000 b/d average. Gasoline demand increased by 3%, however, even with decreased production, stocks moved higher.  Ethanol imports remained at zero for the 11th consecutive week. Lower ethanol production led to a drop in corn demand,…