date:Oct 22, 2012
he demand side of the equation, ethanol production fell slightly as did stocks of ethanol. It is interesting to note that even with the slowdown of production from last years levels, corn used in ethanol production is still running ahead of pace to meet current USDA estimates. At this time, revisions to ethanol demand of corn are not expected in upcoming USDA reports, but the pace will have to be monitored as we move through the marketing year.
As far as the supply of grain on the world market