Ethanol & DDGS Production – Ethanol production increases, gasoline demand falls

According to the EIA’s Weekly Petroleum Status Report, ethanol production increased by 3,000 barrels to 972,000 barrels per day, its highest level since January 23, 2015. Inventories declined 0.14% to 20.068 million barrels, while gasoline demand dropped sharply, falling by 7.8%.  Ethanol imports held at zero for the sixth consecutive week. Increased ethanol demand means…