McLean County Farm Bureau

ETHANOL PRICES HIT ALL-TIME LOW, UNCONFIRMED REPORTS OF PLANT SHUTDOWNS

Corn demand by the U.S. ethanol oil industry could drop by 120 to 170 million bushels during the next two months if gasoline consumption – and the ethanol blended with it – continues to decrease as expected. That’s according to Todd Hubbs of the Department of Agricultural and Consumer Economics at the University of Illinois. (Successful Farming