Good news for ethanol producers. Farmers will plant 97.282 million of acres of corn this year, the most since 1936. This is leading to elevated stockpiles of corn, lower prices, and higher margins for Ethanol producers. Read more about ethanol's discount to gasoline in the article below and it's impact on futures and prices. Did you also know that 1 bushel of corn makes at least 2.75 gallons of ethanol.