Drought Conditions Burn Ethanol Production Margins, While Critics Seize Opportunity

摘要

As drought conditions continue to devastate the U.S. corn crop this summer, the ethanol industry is preparing for the possibility of another shortfall in corn supplies. The U.S. Department of Agriculture's (USDA) latest estimate for this year's corn crop is projected at 12.97 million bushels, down 12% from the department's earlier estimate of 14.79 million bushels.