Corn for ethanol, soybean crush both up sharply on month

Corn for ethanol, soybean crush both up sharply on month

The USDA says corn for ethanol use during October was 448.895 million bushels. That was up 17% from September because of increased availability of corn after harvest and some plants resuming normal or near-normal production levels following seasonal maintenance. Still, that was down 4% on the year with some uncertainties about demand due to relatively high gasoline prices and the possibility of a rail strike, which would have a drastic impact on movement.

Production of distillers dried grains with solubles was 1,745,419 tons, a gain of 8% on the month, but a loss of 10% on the year.

    

View Full Story

Share:

The Latest

Cash hogs close higher on Wednesday

Chicago Mercantile Exchange live cattle futures were up and feeders were mostly higher, getting ready for the week’s direct business and

Sell-off resumes for soybeans, corn

Soybeans were lower on fund and technical selling, giving back Tuesday’s gains and then some. Near-term development and harvest weather in