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EIA, USDA out of sync for 2024 ethanol production

By |October 31, 2023|Categories: Biofuels, Corn & Soy Complex|Tags: , , , , |

In the October Short-term Energy Outlook, EIA projected 2024 ethanol production at 980,000 barrels per day, just slightly higher than 2021’s level. In 2020/21, [...]

September corn use for ethanol up 11% YOY

By |October 19, 2023|Categories: Biodiesel, Biofuels, Corn & Soy Complex|Tags: , , , |

Weekly ethanol production has shown year-on-year growth since mid-June when output began to track 2019 volumes. At the start of October, average daily production [...]

Corn market quiet ahead of WASDE

By |March 7, 2023|Categories: Corn & Soy Complex, Ethanol, Weather|Tags: , , , , , , , , , , |

The corn market is holding steady despite hits to its three major demand categories, weather variability, and political uncertainty. Mar-23 corn closed a bit [...]

2021/22 corn use for ethanol totaled 5.326 billion bu

By |October 7, 2022|Categories: Corn & Soy Complex, Ethanol|Tags: , , , , , , |

USDA’s latest grain crushings report put August corn use for ethanol at 432.3 million bushels, down 3 percent from July and up 4 percent [...]

WASDE: Yields higher for corn, lower for soybeans

By |November 9, 2021|Categories: Corn & Soy Complex, Ethanol|Tags: , , , , , , , |

In the November WASDE, estimated 2021/22 U.S. corn yield was raised 0.5 bushels per acre (bpa) to 177.0 bpa, which would be the highest [...]

Corn eases on harvest pressure, COVID-19 concerns

By |September 28, 2020|Categories: Corn & Soy Complex, Ethanol|Tags: , , , , , , , |

The corn rally may have peaked on Sep. 18 after going six consecutive weeks of higher week-over-week closes. Fears over coronavirus resurgence in Europe, [...]

WASDE: Drop in use, stocks rise for corn, soybeans

By |April 9, 2020|Categories: Corn & Soy Complex, Ethanol|Tags: , , , , |

USDA lowered 2019/20 corn use for ethanol by 375 million bushels to 5.050 billion bushels in the April WASDE. This drop was partially offset [...]