USDA Long-Term Projections See Ongoing But Slower Growth in Corn Use for Ethanol
Green Car Congress
FEBRUARY 13, 2009
The projections do not represent a USDA forecast, but a conditional, long-run scenario based on specific assumptions about farm policy, the weather, the economy and international developments. USDA’s projections assume the ethanol tax credit (reduced to $0.45/gallon gallon under the 2008 Farm Act, starting this year) and the $0.54
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