USDA: Corn use for fuel ethanol production up in July

September 25, 2023

BY Erin Voegele



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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.

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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.

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