USDA raises corn use for ethanol
Source : domesticfuel.com
USDA's latest "World Agricultural Supply and Demand Estimate" released this morning shows an increase in corn use for ethanol. U.S. corn ending stocks are unchanged this month as a projected increase in corn use for ethanol is offset by a reduction in expected feed and residual use. Corn used to produce ethanol is raised 50 million bushels as strong blender incentives and positive ethanol producer margins continue to encourage expansion in ethanol production and use. Rising gasoline prices have pulled ethanol prices higher helping to offset increases in corn feedstock costs for ethanol producers.
read more ...
11 April 2011 |
The information in this section is subject to a disclaimer.
Articles on the topic of agriculture (105 articles)
Subscribe to our mailing-list
Subscribe to our mailing-list in order to be informed by e-mail about new articles from the News section or sign-up to the .