Distillers Corn Oil Production – Average corn oil production falls by 57,958 pounds per day as ethanol production drifts lower

According to the EIA’s Weekly Petroleum Status Report, ethanol production declined 7,000 barrels to a 944,000 b/d average for the latest week, 11,000 b/d less than the years daily average. Stocks narrowed 3.2% as gasoline demand increased by 2%.  No ethanol imports were seen for the third consecutive week. The decrease in ethanol…