USDA Reports Record Corn Use for Fuel Ethanol
The US Department of Agriculture (USDA) has reported that corn use for fuel ethanol in June was at 467 million bushels.
This figure indicates a significant amount of corn being diverted from food and feed purposes to produce biofuel.
It's worth noting that the USDA releases data on corn use for various purposes, including livestock feed and exports, but the specific figure for June is only reported for fuel ethanol use.