Ethanol & DDGS Production – Ethanol production falls and stocks grow despite an increase in gasoline demand

According to the EIA’s Weekly Petroleum Status Report, ethanol production dropped 1.3% to 924,000 barrels per day (b/d). Stocks moved higher despite gasoline demand increasing 0.8% from last week. Ethanol stocks grew by 162,000 barrels 20.645 million barrels, more than offsetting last week’s decrease. Less production volume trimmed the ethanol…