RFA Comments on USDA WASDE Report

Posted on: July 09, 2010 in Ethanol, Research, USDA

This morning USDA’s July WASDE report was released. While it made some changes to the corn supply-demand estimates, it is likely that supply will get a boost with a larger yield estimate likely next month. "This morning's report suggests corn producers are still on track for a record crop in 2010," said RFA Vice President of Research Geoff Cooper. "If the corn crop can avoid significant stress during pollination, we should be looking at another record or near-record average yield. But harvest is still several months away and nothing is certain until the crop is in the bins." Take a look at key facts related to today’s report the RFA found here.

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