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Ethanol prices take wild ride in December

January 20, 2014

BY Rick Kment, DTN

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USDA: October WASDE increases forecast for 2026-’27 corn use in ethanol

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By Erin Krueger

16 hours ago

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The USDA expanded its forecast for 2026-’27 corn use in ethanol in its latest World Agricultural Supply and Demand Estimates report, released Oct. 9. The forecast for season-average corn prices was revised down.

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The USDA on Oct. 9 released its latest Crop Production report, increasing its forecasts for 2026 corn production and corn yields. The agency also increased its 2026 forecasts for sorghum production and yields.

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As carbon intensity (CI) becomes increasingly important to the value of renewable fuels, the industry is facing a new challenge: making carbon accounting more interoperable between countries, without the adoption of a single, identical model.

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The USDA on Oct. 6 announced a $180 million investment to launch the USDA’s Seed Sovereignty Initiative, a major effort to both strengthen U.S. agricultural security by protecting the plant genetic resources and enabling ag innovation.

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The U.S. Energy Information Administration maintained its forecasts for 2026 and 2027 fuel ethanol production in its latest Short-Term Energy Outlook, released Oct. 6. The forecasts for ethanol blending and exports were also unchanged.

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