Feed Outlook: June 2012
by Thomas Capehart
, Edward Allen
, and Michael Jewison
Outlook No. (FDS-12F) 20 pp, June 2012
The 2012/13 U.S. corn balance sheet is unchanged this month. Corn ethanol use for 2011/12 is projected up 50 million bushels this month to 5,050 million as recent ethanol production data have been stronger than expected. While slowing from its peak in December 2011, ethanol production and use has been partly sustained by ethanol exports, as declining gasoline use and limits to blending ethanol have curbed domestic use.
Keywords: Feed grains, corn, sorghum, barley, oats
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