September 25, 2023
BY Erin Voegele
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With an estimated 6 billion bushels being used for ethanol production next year, Continuum Ag has set their sights on helping the industry SCORE (Carbon Intensity Score) over a billion bushels in 2024.
The USDA raised its forecast for 2023-’24 corn use in ethanol production by 25 million bushels in its latest World Agricultural Supply and Demand Estimates report, released Nov. 9. The agency also reduced its forecasted corn price.
The USDA has announced 2023 corn production for grain is currently forecast at a record high 15.2 billion bushels, up 1 percent from the agency’s October forecast, according to the USDA’s Nov. 9 Crop Production report.
A high-profile, multi-participant project in Brazil is poised to demonstrate ethanol-to-hydrogen technology.
The U.S. exported 120.49 million gallons of ethanol and 1.03 million metric tons of distillers grains in September, according to data released by the USDA Foreign Agricultural Service on Nov. 7. Exports of both products were up.