May 20, 2014
BY Jason Sagebiel, FCStone
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The USDA maintained its outlook for 2024-’25 corn use in ethanol production in its latest World Agricultural and Supply Estimates report, released Oct. 11. The estimate for 2023-’24 corn use in ethanol production was revised up.
U.S. corn production is currently forecast at 15.2 billion bushels, up slightly when compared to last month’s outlook, according to the USDA National Agricultural Statistics Service’s latest Crop Production report, released Oct. 11.
USGC Regional Ethanol Manager for the EU, U.K. and Canada Stephanie Larson in September met with Canadian officials to discuss how the U.S. industry can further support the country’s ongoing transition to higher ethanol blending rates.
Increasing the ethanol industry’s market by decreasing the biofuel’s carbon intensity score was a major theme at the 2024 ACE conference as key industry players spoke to the industry's challenges and opportunities.
The U.S. exported 141.19 million gallons of ethanol and 1.12 million metric tons of distillers grains during August, according to data released by the USDA on Oct. 8. Exports of both products were up when compared to the previous year.