# U.S. Ethanol Makers Ease Away From Fuel

> Green Plains and ADM are shifting part of their fuel-ethanol capacity to beverage and industrial alcohol, and ADM will send 100 million gallons of annual output to export markets. The moves follow a record US ethanol inventory of 23.705 million barrels in April and thin margins amid industry overcapacity.

- Date: 2017-08-02 · published 2017-08-02T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/69457-u-s-ethanol-makers-ease-away-from-fuel
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Taking fuel ethanol out of the domestic market can ease the glut and support margins over time, but it also reduces ethanol-driven corn demand in the US. The net effect on corn is bearish while the glut persists.

## Read by commodity

- CORN: bearish ▼

## Sources

- worldenergynews.com: https://www.worldenergynews.com/news/ethanol-makers-ease-away-from-fuel-663385

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