
September 4, 2024
BY Blue Biofuels Inc.
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The USDA maintained its forecast for 2026-’27 corn use in fuel ethanol production in its latest World Agricultural Supply and Demand Estimates report, released Sept. 11. The outlook for corn production is lowered, with corn prices forecast higher.
The USDA released its latest monthly Crop Production report on Sept. 11, predicting 2026 corn production for grain will reach 15.8 billion bushels, down 1% from the agency’s previous forecast and down 7% when compared to 2025.
U.S. fuel ethanol production fell by 1% the week ending Sept. 4, according to data released by the U.S. Energy Information Administration on Sept. 10. Stocks of fuel ethanol were up nearly 15 while exports expanded by more than 41%.
The U.S. biofuel industry consumed 30.46 billion pounds of feedstock in June, up 4% when compared to May and up 6% when compared to June 2025, according to data released by the U.S. Energy Information Administration on Aug. 31.
Rex American Resources Corp. on Sept. 2 released financial results for the fiscal second quarter, reporting record net income per share and confirming that the expansion project at its One Earth Energy facility remains on track for completion this year.