# Outlook for Biofuels is Solid, Less So for Grain and Farm Supply

> CoBank's outlook says ethanol producers protected margins in 2022 through risk management, but expects margin pressure in 2023 from a slowing economy, rising rates, high diesel and labor costs, and trade uncertainty with China and Mexico. It also flags weak animal feed demand and transport bottlenecks on the Mississippi.

- Date: 2023-01-10 · published 2023-01-10T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/37796-outlook-for-biofuels-is-solid-less-so-for-grain-and-farm-supply
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Softer feed demand and expected ethanol margin pressure point to reduced grain processing and feed demand, which is mildly bearish for corn and feed ingredients.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-11-05 | [Grain and Biofuel Outlook: Biofuels Creating Needed Demand for Ample U.S. Harvests](https://feedsoft.ai/events/27505-grain-and-biofuel-outlook-biofuels-creating-needed-demand-for-ample-u-s-harvests.md) | +1.8% | -1.5% |
| CORN | 2025-07-14 | [USDA forecasts lower corn supplies, higher biofuel demand in latest outlook \| Feed & Grain](https://feedsoft.ai/events/23712-usda-forecasts-lower-corn-supplies-higher-biofuel-demand-in-latest-outlook-feed.md) | +0.9% | -1.2% |
| CORN | 2017-01-01 | [GRAINS AND OILSEEDS OUTLOOK FOR 2017](https://feedsoft.ai/events/72861-grains-and-oilseeds-outlook-for-2017.md) | +0.3% | +2.3% |
| CORN | 2017-01-01 | [U.S. Farm Income and Financial Outlook for 2017](https://feedsoft.ai/events/72979-u-s-farm-income-and-financial-outlook-for-2017.md) | +0.3% | +2.3% |
| CORN | 2025-11-06 | [Grain and Biofuels Outlook: Record Fall Harvest Arrives Amidst Trade Uncertainty, Strong Biofuel Demand](https://feedsoft.ai/events/15072-grain-and-biofuels-outlook-record-fall-harvest-arrives-amidst-trade-uncertainty.md) | +0.9% | +2.6% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/outlook-for-biofuels-is-solid-less-so-for-grain-and-farm-supply/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.