Loading…
The USDA Economic Research Service released 10-year agricultural projections through 2027, including corn and ethanol production. The report expects ethanol output to rise early in the period then decline to 2016 levels by the end, while ethanol still accounts for over 35 percent of U.S. corn use.
Sustained ethanol demand for corn supports corn prices and feed-grain availability, though projected ethanol decline and the blend wall cap long-run corn demand growth. The projections assume no shocks and use the proposed, not final, RFS volumes.
ethanolproducer.comFeb 19, 2018
governorsbiofuelscoalition.orgFeb 21, 2018Not enough comparable past events yet for a historical read.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
