Deutsche Bank thinks USDA should hold off on re-estimating corn use figures

February 6, 2013 |

In Germany, Bloomberg reports that Deutsche Bank believes it is too soon for the USDA to reduce its estimate of how much corn is used for ethanol production because in the past three weeks margins have improved to just above break-even, meaning that though corn will get used slower, it will still get used.

Category: Fuels

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