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No. As per the latest USDA report [1]: - total area planted with corn: 90.7 million acres - total production 14.1 billion bushels - out of which 5.0 bil
by credit_guy 4y ago
No.
As per the latest USDA report [1]:
- total area planted with corn: 90.7 million acres
- total production 14.1 billion bushels
- out of which 5.0 billion bushels used for ethanol
The don't give the exact area used for ethanol production, but making the reasonable assumption that the yield per acre is constant (it's probably not, but it's also probably not that far off), you get 5.0/ 14.1 x 90.7 = 32.2 million acres.
[1] https://www.usda.gov/oce/commodity/wasde/wasde0722.pdf https://www.usda.gov/oce/commodity/wasde/wasde0722.pdf