Corn futures closed lower Wednesday
date:May 10, 2013
ing May 3rd averaged 843,000 barrels per day, down 1.6% vs. last week and down 6% vs. last year.

Total ethanol production for the week was 5.9 million barrels. Corn used in last week's production is estimated at 88.5 million bushels, down from 89.9 the week prior.

This crop year's cumulative corn used for ethanol production is 2.99 billion bushels.

Corn use needs to average 91.1 million bushels per week to meet this crop year's USDA estimate of 4.55 billion bushels. Stocks as of May 3rd were
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