# Ethanol production hits all-time high and pushes down prices  : The Daily Digest

> The EIA reported US ethanol production hit an all-time high of 1.040 million barrels per day last week. Stocks rose by more than half a million barrels, pushing prices down from near two-year highs.

- Date: 2016-12-15 · published 2016-12-15T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/73552-ethanol-production-hits-all-time-high-and-pushes-down-prices-the-daily-digest
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Record ethanol output adds supply and co-product DDGS, which weighs on ethanol and DDGS prices and typically lowers the value of corn used in ethanol.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-03-13 | [Ethanol stocks continue to grow despite lower production and higher exports  : The Daily Digest](https://feedsoft.ai/events/25566-ethanol-stocks-continue-to-grow-despite-lower-production-and-higher-exports-the.md) | +6.5% | +5.2% |
| CORN | 2020-08-18 | [U.S. chicken production, prices down - High Plains Journal](https://feedsoft.ai/events/51766-u-s-chicken-production-prices-down-high-plains-journal.md) | -0.0% | +5.4% |
| CORN | 2017-09-27 | [Domestic ethanol production hits multi-month low - Brownfield Ag News](https://feedsoft.ai/events/68961-domestic-ethanol-production-hits-multi-month-low-brownfield-ag-news.md) | +3.2% | +2.9% |
| CORN | 2024-06-03 | [Corn use for ethanol and soy for biodiesel fall due to season maintenance  : The Daily Digest](https://feedsoft.ai/events/29868-corn-use-for-ethanol-and-soy-for-biodiesel-fall-due-to-season-maintenance-the.md) | -1.6% | -6.0% |
| CORN | 2019-09-05 | [Ethanol & DDGS- DDGS output falls as ethanol production slows - The Jacobsen](https://feedsoft.ai/events/57065-ethanol-and-ddgs-ddgs-output-falls-as-ethanol-production-slows-the-jacobsen.md) | -2.8% | +3.3% |

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/ethanol-production-hits-all-time-high-and-pushes-down-prices/

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