USDA sees flat ethanol demand

The USDA is predicting a flattening of ethanol production over the next 10 years thanks to constraints on high-level blends and declining domestic gas consumption.

The USDA’s office of the chief economist released a report earlier this month on long-term projections of agricultural commodities, trade and farm income. The report estimates demand for U.S. corn will rise thanks to increasing domestic meat production. Ethanol production is expected to flatten.

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