date:Feb 13, 2013
ng the same period last year.
Production during the four weeks ended 1 February, however, was 16.5 per cent less than during the same period last year. Production during the final 7 months of the marketing year needs to be only about 8.5 per cent less than during the same period last year to reach the USDA projection of corn use. Favorable blending margins, prospects for a slowdown in imports of Brazilian ethanol, and some improvement in ethanol production margins suggest that the pace of ethan