I have been letting Chuck do the talking this week covering Clean Cities and Ethanol Day. Now it’s time to catch up on some Domestic Fuel news:
The U.S. Department of Agriculture’s latest price forecast for corn predicts that ethanol will contribute to higher prices this year. USDA officials expect corn prices to average $2.45 per bushel in the coming marketing year, up more than 22 percent from last year. Lots of stories out there about it, here’s a link to the Des Moines Register piece.
Missouri Corn Growers have their ethanol bill. Governor Matt Blunt is expected to sign a statewide ethanol standard that mandates gasoline sold in Missouri contain 10 percent ethanol. The bill passed overwhelmingly in both houses.