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Ethanol prices weaken on expected strong corn production

July 3, 2014

BY Rick Kment, DTN

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USGC applauds Japanese ethanol blending targets

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By U.S. Grains Council

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Approximately 968,030 metric tons (MT) of U.S. corn, sorghum and their co-products worth $242 million were sold as a direct result of Export Exchange’s networking opportunities. DDGS was the most popular commodity, with 472,230 MT purchased.

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U.S. fuel ethanol production was down slightly the week ending Nov. 15, according to data released by the U.S. Energy Information Administration on Nov. 20. Stocks of fuel ethanol were up more than 2% and exports were unchanged.

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