Corn use for ethanol likely to top 5 billion bushels

August 13, 2014 |

In Illinois, ethanol producers are expected to consume about 5.1 billion bushels of corn this year, based on the expectation of 14.1 billion gallons of ethanol. The boost in production over the previous year is a result of higher demand, more exports, fewer imports and rebuilding stocks after high corn prices due to drought reduced production during the previous year.

 

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Category: Producer News

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