Ethanol & DDGS Production – Daily DDGS output increases, matches 5th highest production rate on record

According to the EIA’s Weekly Petroleum Status Report, ethanol production posted its fifth highest production rate on record, increasing by 2% to a 992,000 b/d average. Despite the higher production rate, stocks narrowed, dropping 221,000 barrels this week. Gasoline demand expanded, pushing 2.3% higher.  Ethanol imports remained at zero for the…