Corn Use in Ethanol Expected to Rise, According to USDA
January 22, 2024 at 09:44 AM EST
The increased use of biofuels as an alternative energy source should help prop up agricultural commodities like corn. As such, the U.S. Department of Agriculture is forecasting an increased use of corn in ethanol for 2023-2024. “The USDA increased its forecast for 2023-’24 corn use in ethanol in its latest World Agricultural Supply and Demand [...] The post Corn Use in Ethanol Expected to Rise, According to USDA appeared first on ETF Trends .