![Corn 1726017 960 7201](https://img.feedandgrain.com/files/base/wattglobalmedia/all/image/2020/09/fg.corn-1726017_960_7201.jpg?auto=format%2Ccompress&q=70&w=400)
Ethanol producer POET said on Monday that it has suspended corn buying “at a number of locations” due to weak biofuel demand and is evaluating its production levels, reports Reuters.
“POET has not idled any biorefineries; however, we have temporarily ceased corn purchases at a number of locations and are actively evaluating biofuel production levels to reflect falling gasoline demand,” Spokeswoman Jessica Sexe told Reuters.