02 May 2006 21:31 [Source: ICIS news]
Basing estimates on US government projections, TFI said there could be a 5m acre/year increase in corn plantings and a 5m acre/year decline in soybean acreage in the next nine years as
Last year, 13% of the corn crop was used for ethanol production, accounting for 1.25m ton of fertiliser, TFI said. Based on US Department of Agriculture projections, the percentage of the
The Energy Policy Act of 2005 mandates that renewable fuel use in gasoline reach 7.5bn gallons by 2012, nearly double the 2005 level, which will boost demand for ethanol and biodiesel.
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