This month’s 2017/18 U.S. corn outlook is for increased corn used to produce ethanol and reduced ending stocks, the U.S. Department of Agriculture (USDA) said in its World Agricultural Supply and Demand Estimates (WASDE) report last week.  

Corn used to produce ethanol was raised 50 million bushels to 5.525 billion, based on increased sorghum export commitments and the most recent data from the Grain Crushings...