Corn for ethanol use demand improved during July.

The USDA says 454.039 million bushels of corn were used for fuel alcohol production during the month, up 3% from June and 2% from July 2022, with producers encouraged by strong margins and mostly solid demand signals.

Production of distillers dried grains with solubles was 1,784,282 tons, a decline of 1% on the month and 8% on the year.

The USDA says a total of 5.208 billion bushels of corn were used in ethanol production during 2022, 1% more than 2021, while DDGS production was 21,638,356 million tons, 2% less than the previous year.

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