Market Issues and Prospects for U. S. Distillers' Grains Supply, Use, and Price Relationships
Growth in corn dry-mill ethanol production has surged in the past several years, simultaneously creating a co-product distillers' grains (DDGS). Many in the U.S. feed industry were concerned about the size of this new feed source and whether it could be used entirely by the feed industry, but they also worried about the price discovery process for the product. Provides a transparent methodology to estimate U.S. supply and consumption of DDGS. Potential domestic and export use of U.S. DDGS exceeds current production and is likely to exceed future production as ethanol production continues to grow. Identifies the DDGS price discovery process along with the price relationships of distillers' grains, corn, and soybean meal. Illus. A print on demand report.
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amount of corn bushel of corn cattle Central Illinois column corn and soybean Corn Belt Weekly corn gluten feed corn gluten meal corn oil corn price corn processed corn wet mills DDGS prices DDGS supply dry matter basis dry mills dry-mill ethanol plants dry-mill fuel ethanol estimate supply Estimation of U.S. ethanol fuel feed and corn feed coproducts Feed Grains Database feed market feeders feedstock fuel ethanol production futures contract glucose/dextrose grains produced Grains Supply grains with solubles Issues and Prospects Market Issues metric of total million bushels table Million Percent Million potential pounds price discovery price of DDGS Price Relationships prices for September-August production estimates Prospects for U.S. protein R-squared Renewable Fuels Association risk management September-August marketing soybean meal futures soybean meal prices spent grains starch stillage total corn total metric U.S. Census Bureau U.S. Department U.S. Distillers USDA USDA’s WDGS wet distillers wet-mill y S e