date:Dec 02, 2013
hanol might account for 12.7 billion to 13.2 billion gallons of that, compared to this year's mandate of 13.8 billion.
A 56-pound bushel of corn yields about 2.8 gallons of ethanol. The smaller ethanol guarantee could shave demand for U.S. corn by about 2 percent, or around 285 million bushels in the 2013/14 marketing year.
The reduction in usage by ethanol plants would be offset somewhat by smaller output of distillers grains, an ethanol co-product that competes with corn as a livestock feed.