date:Aug 16, 2013
he region may delay harvest progress and push more demand into the old crop marketing year. Ethanol production for the week ending August 9th averaged 857,000 barrels per day, up 0.50% vs. last week and up 4.6% vs. last year. Total production for the week was 6 million barrels.
Corn used in last week's production was estimated at 90 million bushels and cumulative usage for this crop year is 4.3 billion bushels.
Corn use needs to average 107.3 million bushels per week to meet this crop year's U