Brazil's Higher Ethanol Blend to Limit Corn for Export
Dow Jones
Jul 15
1415 ET - The Brazilian government's decision to raise the mandatory ethanol blend in gasoline to save on gasoline imports will increase its domestic corn consumption, adding to an existing trend of leaving less corn available for export, Arlan Suderman of StoneX says in a note. "This is one of the driving forces behind record U.S. corn exports in the current marketing year, as well as USDA's expectation for maintaining near-record exports (3.2 billion bushels) in the year ahead." The Brazilian ethanol will be made from both sugar cane and corn, he notes. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
July 14, 2026 14:15 ET (18:15 GMT)
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