date:Nov 04, 2015
han consumed last year. Use may exceed that projection, but probably not by enough to alter the prospects for abundant year-ending corn stocks. The EPAs final rulemaking for the Renewable Fuel Standards for 2014, 2015, and 2016, expected by the end of the month, will provide more insight on ethanol production prospects.
The USDA projects feed and residual use of corn during the current marketing year at 5.275 billion bushels, only slightly less than used last year. The pace of consumption will