As uncertainty swirls around the future of ethanol, new data shows corn use to make the fuel has fallen in recent months.
USDA’s most recent Grain Crushings Report shows corn used for ethanol production in January was down 10 percent compared to December and down 3 percent on the year.
Corn used for alcohol was also down 10 percent in January and 2 percent off the year.
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March 15 of each year is the application deadline for the Pima Cotton Trust, and March 1 of each year is the application deadline for the Wool Trust. The law mandates trust payments by April 15. More information about these programs is available at www.fas.usda.gov/programs.
