date:Feb 21, 2014
ects modest growth in ethanol industry use of corn. Ethanol use has been fairly flat over the last few years. This has been long anticipated, he said
The industry will still see growth, due in part to ethanol exports.
I think this will increase longer run. A lot is going to depend on the price of petroleum, he said.
Glauber said USDA expects soybean plantings to be about 3 million acres higher this year, with corn acreage down to 92 million acres.