date:Apr 11, 2013
half of the marketing year, the U.S.D.A. said. Domestic corn use for 2012-13 is projected 100 million bus lower as a 50-million-bu increase in corn used to produce ethanol partly offsets the lower projection for feed and residual disappearance. Larger-than-expected March 1 corn supplies, lower corn prices and favorable margins for producing and blending ethanol limit the expected year-to-year decline in ethanol production during the second half of the marketing year. Corn exports for 2012-13 ar