USDA: Corn use for fuel ethanol down in November
Summary
The USDA recently released its Grain Crushings and Co-Products Production report for January, reporting that corn use for fuel ethanol production in November was down from both the previous month and November 2021. Total corn consumed for alcohol and other uses was 498 million bushels in November 2022, down 1 percent from the previous month and down 4 percent when compared to November 2021. Corn consumed for fuel alcohol was at 447 million bushels, down slightly from October and down 4 percent from November 2021. Corn consumed for dry milling fuel production and wet milling fuel production was at 92.2 percent and 7.8 percent, respectively. The USDA withheld the volume of sorghum consumed for fuel alcohol production to avoid disclosing data for individual operations.