February corn consumption for ethanol fell 9% on month

In Washington, Platts reports data from the US Department of Agriculture showing corn consumption for ethanol in February fell nearly 9% from the prior month but was 2.4% higher on the year at 433.622 million bushels with 90.7% for dry milling and 9.3% for wet milling. So far, for the marketing year that began September 1, ethanol production has been the largest user of corn at 37.6% of use. Only a fraction of sorghum was used in February compared to last year with 1.815 million hundredweights versus 6.450 million hundredweights.