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USDA reports reveals large corn stocks, potential record crop

July 1, 2014

BY Erin Voegele

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USDA increases forecast for 2023-’24 corn use in ethanol

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By Erin Voegele

April 11, 2024

Feedstocks

The USDA increased its forecast for 2023-’24 corn use in ethanol production in its latest World Agricultural Supply and Demand Estimates report, released April 11. The agency also lowered its forecast for season-average corn prices.

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The ethanol and ethanol co-product industry continues to be a main economic driver in Nebraska, producing near-historic averages in 2020, despite lower ethanol prices and COVID-related production issues, according to a new study.

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Farmers Edge Inc. and Gevo Inc. will work with growers spanning three states to track and quantify the carbon intensity impact of climate-smart practices helping to accelerate the production of SAF and low-CI ethanol,

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U.S. fuel ethanol production fell by nearly 2% the week ending April 5, according to data released by the U.S. Energy Information Administration on April 10. Ethanol stocks were down nearly 1% and exports expanded by 120%.

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Colonial Oil Industries Inc. will pay a $2.8 million civil penalty and purchase and retire 9 million RINs at an estimated price of $12.2 million under a settlement agreement reached with the EPA and Justice Department related to CAA violations.

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