Corn ethanol will remain a major force in the production and pricing of the U.S. corn crop, with or without support of subsidies and tariffs.
Despite the U.S. Senate vote last month to end the 45-cent-a-gallon subsidy that the government gives to ethanol refiners and the 54-cent-a-gallon tariff on imported ethanol, most industry observers saw the push as largely symbolic. Both are scheduled to expire at the end of this year, anyway.
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