Will USDA lower corn use for ethanol?

USDA will publish its corn S&D update on Friday—the first official look at crop production and use since Dec. 11. Exports and utilization for ethanol may be due for adjustment. During the government shutdown, USDA continued to report on grains inspected for export. For [...]

Brazil’s corn exports held steady in December

Brazil exported 4.0 million metric tons (MMT) of corn in December, up just slightly from November and from December 2017. Sep-Dec exports totaled 14.6 MMT, down 21 percent from Sep-Dec 2017. In December, USDA projected Brazil would export 29.0 MMT of corn during 2018/19, [...]

U.S. corn exports weaken but outlook remains positive

Corn export sales dropped sharply in October: Net sales for the weeks of Oct. 18 and Oct. 25 were each less than 400,000 MT at 13.8 and 15.5 million bushels, respectively. The volume that sold continues to move briskly, however. Cumulative shipments as of [...]

Could ethanol production slow?

The market appears to be getting accustomed to ethanol production setting records month after month. In fact, ethanol production for the month of August was up 4.5 percent from output last year. Strong margins have encouraged production due to cheap corn and rising energy [...]

Tariff aid focus on U.S. soybean farmers disappoints corn farmers

USDA announced more details on financial aid to farmers hurt by trades disputes. Direct payments to growers will total $4.7 billion, with $3.7 billion for soybean farmers, who will receive $1.65 per bushel on 50 percent of their projected production. For comparison, payments for [...]