USDA Lowers Corn Use Outlook

Cindy Zimmerman

USDA’s World Agricultural Supply and Demand Estimates report for September calls for lower supplies, smaller feed and residual use, reduced exports and corn used for ethanol, and tighter ending stocks for the 2022-23 corn crop. Projected beginning stocks for 2022/23 are 5 million bushels lower based on essentially offsetting export and corn used for ethanol changes for 2021/22. Corn production …

corn, Ethanol, Ethanol News, USDA

USDA Announces Climate Smart Commodities Project Funding

Cindy Zimmerman

The U.S. Department of Agriculture is investing up to $2.8 billion in 70 selected projects under the first wave of the Partnerships for Climate-Smart Commodities funding opportunity, with more projects to be announced later this year. More than 450 proposals were submitted for the funding opportunity and the strength of the projects identified led USDA to increase its investment from …

Audio, aviation biofuels, biofuels, corn, Ethanol, Ethanol News, USDA

Sec. Vilsack Talks Biofuels at Farm Progress Show

Cindy Zimmerman

Secretary of Agriculture Tom Vilsack visited the Farm Progress Show in Iowa Tuesday, the first time he has visited the show since 2012. Vilsack used the occasion to talk about some recent accomplishments, including expanding rural broadband, conservation and biofuel provisions in the Inflation Reduction Act, new opportunities to improve nutrient management, an organic transition initiative, and $100 million in …

Audio, biofuels, Ethanol, Ethanol News, Farm Progress Show, USDA

USDA Opens Applications for Higher Blends Funding

Cindy Zimmerman

The U.S. Department of Agriculture announced this week that applications are now being accepted for the latest round of funding under the Higher Blends Infrastructure Incentive Program (HBIIP). The program seeks to market higher blends of ethanol and biodiesel by sharing the costs to build and retrofit biofuel-related infrastructure such as pumps, dispensers and storage tanks. Secretary of Agriculture Tom …

ACE, Audio, Biodiesel, biofuels, E15, E85, Ethanol, Ethanol News, Renewable Fuels Association, RFA, USDA

USDA Forecasts Lower for Corn

Cindy Zimmerman

USDA has lower forecasts this month for corn production, supplies, exports, and ending stocks. The August Crop Production report from USDA’s National Agricultural Statistics Service (NASS) estimates corn production down 5% from last year, forecast at 14.4 billion bushels while soybean growers are expected to increase their production by two percent from 2021 to 4.53 billion bushels. In this month’s …

corn, Ethanol, Ethanol News, Feed, USDA

Corn Planted Acres Down Four Percent

Cindy Zimmerman

Acres planted to corn are lower compared to last year while soybean acreage is a little higher, according to the Acreage report from USDA‘s National Agricultural Statistics Service (NASS). USDA estimates 89.9 million acres of corn planted in the United States for 2022, down 4% from last year. Soybean area planted is estimated at 88.3 million acres, up 1% from …

corn, Soybeans, USDA

USDA Provides COVID Payments for Biofuel Producers

Cindy Zimmerman

It was June 15, 2021 when Agriculture Secretary Tom Vilsack announced additional aid to agricultural producers and businesses as part of the USDA Pandemic Assistance for Producers initiative, which included $700 billion for biofuels producers, for losses incurred in 2020. Not quite an entire year later, USDA finally made good on that promise today, providing more than $486 million for …

Ethanol, Ethanol News, USDA

USDA Corn Outlook for Lower Production, Higher Prices

Cindy Zimmerman

USDA’s World Agricultural Supply and Demand Estimates released Thursday report the 2022/23 U.S. corn outlook is for lower production, domestic use, exports, ending stocks, and higher prices. The corn crop is projected at 14.5 billion bushels, down 4.3 percent from last year. The corn yield is projected at 177.0 bushels per acre, 4.0 bushels below the weather adjusted trend presented …

corn, USDA

USDA Report Expects More Soybeans, Less Corn

Cindy Zimmerman

U.S. farmers expect to plant more soybeans and less corn acreage, according to the 2022 Prospective Plantings report released by USDA’s National Agricultural Statistics Service (NASS). Producers surveyed say they intend to plant a record high 91.0 million acres of soybeans in 2022, up 4% from last year, at the same time decreasing corn acres by 4% to 89.5 million …

corn, Soybeans, USDA