U.S. corn for ethanol 4.2 bln bu in 2009/10-USDA

Reuters India
Wed Aug 12, 2009 6:12pm IST

WASHINGTON, Aug 12 (Reuters) - Ethanol makers will use 4.2 billion bushels of corn to make the renewable motor fuel during 2009/10, up from 3.65 billion bushels this marketing year, the U.S. Agriculture Department estimated on Wednesday.

USDA raised its estimate by 100 million bushels from a month ago, saying it expected higher ethanol use "supported by favorable ethanol producer returns and strong incentives for ethanol blending."

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