The USDA’s May estimate of a record 5.45 billion bushels of corn-for-ethanol production in 2024-25 was initially met with skepticism by commodity traders. However, the latest data indicates the industry is well on track to meet and possibly exceed that projection. What’s driving the surge in US ethanol output? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
