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.
Related Stories
Purdue economist Dr. Joana Colussi discussed the U.S. and Brazil’s reliance on imported fertilizers and their impact on global food security amid rising input costs.
RFA President and CEO Geoff Cooper joined us to discuss the proposed E15 amendment in the Farm Bill, industry reaction to the legislation, and the outlook for year-round E15 sales.
Dry conditions have severely impacted key winter wheat states with persistent moisture deficits. As quality declines, analysts warn some crops may be lost despite upcoming rain.
Rising ethanol stocks and softer gasoline demand bear watching, but stronger blending activity and exports offered some support.
Corn export demand remains supportive, but weak pork and rice sales show uneven global demand trends.
Brazil’s ethanol growth could shift the corn trade.
