The fuel ethanol industry will absorb 27% of this year’s US maize, projected to be a record 12.46bn bushels, according to the US Dept. of Agriculture.
US ethanol output is on track to double to more than 12
billion gallons a year by the end of this decade. There are 117 distilleries in
operation now in the US with annual capacity of 6 billion gallons. Projects with
6.5 billion gallons of capacity should be completed within two
years.
Note: 1 bushel = approximately 35 litres
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