ETHANOL POTENTIAL IN MEXICO
The recent announcement by the Mexican Energy Regulatory Commission (CRE) regarding an increase in the maximum amount of ethanol that can be blended in the Mexican gas supply provide new market opportunities for Illinois corn. The announcement specifically regarded NOM 016-CRE-2016 and increased the maximum volume content of anhydrous ethanol as an oxygenate in regular and premium in gasoline in Mexico, aside from the cities of Monterrey, Guadalajara, and Mexico City. With this change, the accepted percentage blend ethanol in gasoline changed from 5.8% to 10%.
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