English: A combine harvesting corn. Deutsch: John Deere Mähdrescher bei der Körnermaisernte (Photo credit: Wikipedia)
Ethanol production forecast drops 3.3% due to drought effects on corn
Wednesday, August 08, 2012 9:36 a.m. CDT
MADISON, WI (WTAQ) – Less corn means less ethanol.
The U.S. Energy Information Administration has reduced its forecast for ethanol production by 3.3 percent, because of the widespread drought and its impact on corn harvests.
The government says ethanol producers will make about 870,000 barrels per day – down from 900,000 barrels that was forecast earlier. But officials expect ethanol production to nearly recover in the second half of next year, to around 880,000 barrels per day.
Read more at WTAQ.
WUPN: We are not against Ethanol production, we are against the subsidies the government gives them. Why don’t we take more corn from ethanol plants and give it to food producers and not to gasoline tanks?
August 8, 2012
Agriculture News