date:Nov 20, 2013
hanol mandate may have less of an impact on corn demand than indicated by the markets reaction. They noted that recent low corn prices have spurred ethanol production as margins have improved to at least $1 a gallon. Several ethanol facilities that were mothballed for months have been brought back into production the past couple of months. Should margins remain strong, ethanol production and thus corn demand would remain strong with excess ethanol output likely to be targeted for export, they sa