
SOURCE: U.S. Energy Information Administration
November 28, 2023
BY Erin Voegele
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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.
For the first time ever, gasoline consumed by American drivers in May contained more than 11% ethanol, on average.
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%.
Total operatable U.S. biofuel production capacity was at 25.299 billion gallons per year in June, essentially unchanged when compared to the previous month, according to data released by the U.S. Energy Information Administration on Aug. 31.