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Scranton | "The USDA increased its estimate for 2023'24 corn use in ethanol to 5.45 billion bushels, up from the April forecast of 5.4 billion bushels. Corn use for fuel ethanol was at 5.176 billion bushels for 2022-'23. The USDA currently expects corn use for ethanol to remain at 5.45 billion bushels for 2024-'25.May 10, 2024"
We are growing over 15 billion bushels this year.
THEN: nearly a third of those bushels come back as a feed product that is much higher quality and value than straight corn. So yes...ethanol uses in the low 20% as a percentage net net.
And I'll wager I'm much more diversified than yourself. And quite apparently, more educated on basic facts. | |
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Solar vs corn
