News
June corn for ethanol use up on month, down on year
The USDA says corn for ethanol use during June was 378.9 million bushels. That was an increase of 26% from May as several plants either came back on-line or returned to normal production schedules, but that was also a decrease of 17% from June 2019 because of concerns about margins and uncertainties about demand due to COVID-19.
Production of distillers dried grains with solubles was 1,664,454 tons, up 35% on the month but down 15% on the year.
The USDA’s next corn for ethanol use estimate is out August 12th.
