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World Biofuels Symposium
November 13-15, 2005
Beijing, China

2nd Annual Canadian Renewable Fuels Summit
December 13-15, 2005
Toronto, Ontario, Canada
Hosted by:
Candadian Renewable Fuels Association

National Biodiesel Conference & Expo 2006
February 5-8, 200
San Diego, California
National Biodiesel Board

11th Annual National Ethanol Conference: "Policy & Marketing"
February 20-22, 200
Las Vegas, Nevada, USA
Sponsored by:
Renewable Fuels Association

22nd Annual International Fuel Ethanol Workshop & Expo
June 20-23, 200
Milwaukee, Wisconsin, USA

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Posted on  

February 12, 2003

Ethanol production offsets lower corn exports

Corn use by ethanol producers offset a 25 million bushel reduction in exports to leave projected ending stocks of corn up 5 million bushels from last month, according to USDA's Supply and Demand estimate this morning.

Global 2002/03 coarse grain supply and use projections are up slightly from last month. Larger corn crops in Argentina, the EU, Russia, and Ukraine account for most of a slight rise in global coarse grain production. A larger EU corn crop and revised EU beginning stocks account for much of the gain in projected global coarse grain stocks, USDA said.

Global corn imports are up slightly from last month, due to higher expected purchases by South Korea. Bigger corn crops in Argentina and Ukraine could mean larger exports, and could reduce US exports.

Prices are seen at $2.20 to $2.50 per bushel. 02/11/2003 06:05 a.m.CDT



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