Forecast for more ethanol use, EPA requirement benefits corn

Des Moines Register
by PHILIP BRASHER & DAN PILLER • business@dmreg.com • February 14, 2010

The U.S. Department of Agriculture's monthly supply and demand report is bullish on ethanol, saying that demand for corn as ethanol feedstock will be up 100 million bushels from previous estimates and noting that December corn usage for ethanol was up 16 percent from the previous year.

The USDA said that corn used for ethanol is projected 100 million bushels higher, reflecting the latest ethanol production data from the Energy Information Agency.

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