ETHANOL PRODUCTION FROM CORN IS THE NEW MARKET BET

Of the 30.3 billion liters of ethanol that will be produced in this harvest, 1.4 billion will be produced from corn. Although it still represents a low percentage, in comparison with the total produced (4.62%) ethanol extraction from corn is seen positively by the growth potential in terms of market, and by the possibility of being another option of Brazilian production, which is one of the largest in the world. The figures were presented this week by Companhia Nacional de Abastecimento (Conab), in the 1st Survey of the 2019/2020 Sugarcane Harvest, which brings data on ethanol produced from sugarcane and corn and on the production of sugar. According to Conab, ethanol production from corn is “increasingly relevant”, with Mato Grosso as the largest producer, followed by Goiás and Paraná. The expectation is that new production units follow the same path. He estimates more than R $ 5 billion in investments in the production of corn for the extraction of ethanol over the next 4 or 5 years.

Source: Canal Rural