date:Nov 02, 2012
m demand for the fuel.
For the two weeks ended October 19, production was down 12% from that of last year. The year-over-year reductions are likely to continue to be large, at least through the end of the calendar year. Last year, ethanol production accelerated in November and December in anticipation of the expiration of the blender's tax credit on December 31, 2011, Good says.
However, the current weekly pace is sufficient for corn consumption for ethanol and by-product consumption to reach