Distillers Corn Oil Production – Average corn oil production hits 8 million pounds per day

According to the EIA’s Weekly Petroleum Status Report, ethanol production fell by 23,000 barrels to a 938,000 b/d average for the latest week, 18,000 b/d less than the yearly average. Stocks expanded by 3.3%, and gasoline demand moved 2.6% Higher.  Ethanol imports reappeared this week. The drop in ethanol production decreased corn demand by 343,000 bushels to 13.97 million…