Ethanol
Ethanol use in the United States last year fell for the first time since 1998, according to data from the Energy Information Administration.
Brazil’s production of corn-based ethanol is set to exceed the 1-billion liter mark for the first time ever. That’s still just a small fraction of the South American nation’s 31-billion liter biofuel market,
Here’s the latest from the USDA’s World Agricultural Supply and Demand Estimates:
China drove a lot of the recent demand for sorghum, driving premiums as high as 20% above corn at times.
Get your day started with a brief rundown of key news.
Big questions remain over how a Joe Biden administration might administer the nation’s biofuel law, the U.S. Renewable Fuel Standard (RFS), and the stakes are high for both the farming and oil refining industries.
Understand the intersection of corn and fuel demand.