Ethanol Industry Reacts to Record US Corn Harvest
November 13, 2013News article: http://www.biofuelsdigest.com/bdigest/2013/11/11/record-corn-harvest-in-us-says-usda/
News article: http://www.ethanolproducer.com/articles/10438/ethanol-industry-examines-implications-of-record-corn-crop
| |
The U.S. Department of Agriculture (USDA) has estimated that the 2013 corn crop will achieve a new record of 13.99 billion bushels, 7 percent larger than the previous record and a whopping 30 percent larger than last year's drought-shortened crop.
The record harvest has sent the price of corn plummeting, but the drop will be a boost for the beleaguered biofuel industry and others that rely on the grain. The lower price of corn now gives ethanol an advantage in fuel markets across the globe.
"This year's corn crop is a tremendous accomplishment and we applaud America's farmers for their hard work and resilience," said Bob Dinneen, President and CEO of the Renewable Fuels Association (RFA). "This historic crop underscores the urgency of maintaining demand. Now, more than ever, the Renewable Fuel Standard must stand as is. No cuts, no reductions. This country will be swimming in excess corn if the RFS requirements are cut."
| |
Biotech Updates is a weekly newsletter of ISAAA, a not-for-profit organization. It is distributed for free to over 22,000 subscribers worldwide to inform them about the key developments in biosciences, especially in biotechnology. Your support will help us in our mission to feed the world with knowledge. You can help by donating as little as $10.
-
See more articles:
-
News from Around the World
- FAO: Less People are Starving in 2013
- Agricultural Organizations Launch Global Open Data for Agriculture and Nutrition
- Bringing Perennial Grain Crops to Africa
- New Rice Research Hub Set Up in Burundi
- Steering Committees of CGIAR Research Programs on Dryland Cereals and on Grain Legumes Meet in Kenya
- GM Food Labeling Rejected in Washington State
- APHIS Seeks Comments on Assessment of GE Apples
- Rutgers Study Americans' Perceptions on GM Food Labeling
- Long Term Toxicity Study of GM Rice with Two Insect Resistant Genes Shows No Adverse Health Effects
- Review on Adoption and Performance of Bt Cotton in India
- Gene that Makes the Roots of Plants Grow Downward Discovered
- Agricultural Experts to Farmers: Hybrid Seeds Boost Crop Productivity
- GM Crops and their Importance for Swiss Agriculture
- Scientists Discover Genetic Mechanisms that Allow Insect Adaptation to New Host Plant
- Vatican Encourages Dialogue among Stakeholders for Food Security
-
Research Highlights
- GmTMT2a Gene from Soybean Increases α-tocopherol Levels in Corn and Arabidopsis
- New LAMP System for Detection of GM Crops
-
Announcements
- Plant Genomics Congress
-
Resources
- ICRISAT's New Online Tool Optimizes What Agricultural Research Can Do for Development
- Video: Healthier Rice for Healthier People
-
Read the latest: - Biotech Updates (May 2, 2024)
- Gene Editing Supplement (April 24, 2024)
- Gene Drive Supplement (February 22, 2023)
-
Subscribe to BU: - Share
- Tweet