# Keeping a Close Eye on Ethanol Demand | Red River Farm Network

> The EIA weekly report showed ethanol production at 617,000 barrels per day for the week ending May 8, up 3% week over week, with stocks down 5% to 24.2 million barrels. Standard Grain said corn grinding for ethanol was running at 60% of year-ago pace due to the pandemic.

- Date: 2020-05-13 · published 2020-05-13T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/53228-keeping-a-close-eye-on-ethanol-demand-red-river-farm-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Ethanol is the largest corn demand driver, so grinding running at 60% of last year's pace keeps corn demand weak and pressures prices unless ethanol output recovers.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Sources

- rrfn.com: https://www.rrfn.com/2020/05/13/keeping-a-close-eye-on-ethanol-demand/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.