October 31, 2017
BY Erin Krueger
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The USDA maintained its forecast for 2025’-26 corn use in ethanol in its latest WASDEreport, released July 11. The outlook for corn production is down but the forecast yield is unchanged.
The U.S. Energy Information Administration increased its forecast for 2026 fuel ethanol production and fuel ethanol blending in its latest Short-Term Energy Outlook, released July 8. The outlook for exports was unchanged.
The United States is the world’s largest producer and exporter of corn, and corn farmers are bolstering the U.S. economy and building strong communities, according to a new study released by the National Corn Growers Association.
Gevo Inc. on July 10 that Barclays Capital Inc. has purchased $40 million of newly issued non-recourse tax-exempt private activity bonds issued by the Iowa Finance Authority for the benefit of Gevo’s wholly owned subsidiary, Gevo NW Iowa RNG LLC.
U.S. fuel ethanol production was up nearly 1% the week ending July 4, according to data released by the U.S. Energy Information Administration on July 9. Stocks of fuel ethanol were down 1% and exports were down 8%.