Solid demand meant minor changes to corn for ethanol use numbers during November.
The USDA says 454.987 million bushels of corn were used for fuel alcohol production in November 2023, down 1% from October, but up 1% from November 2022. Producer margins for the month were down from the highs of the year while still holding in positive territory.
Production of distillers dried grains with solubles was 1,796,675 tons, also down 1% on the month and up 1% on the year.
