Surging Corn Prices Hit Ethanol Profits in the US

GlobalData
September 17, 2008
16 Pages - SKU: GBDT2157438
License type:
Countries covered: United States

Surging Corn Prices Hit Ethanol Profits in the US

Summary

Global ethanol production has grown steadily over the last decade. Since the first commercial use of ethanol for transport purposes, its growth has been driven by concerns regarding global climate changes, energy supply security and the development of rural areas. Worldwide ethanol production totals around 59.5 billion liters as of 2007. The major countries involved in ethanol production worldwide include the US, Brazil and China, all of which put together account for about 78% of the world’s total ethanol production.

Scope

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