For the month of January, corn used for fuel alcohol totaled just over 469.46 million bushels, down just 2 percent from December but up almost 6 percent from January 2019.
At this rate, corn use for ethanol production is on track to meet the 2019/20 USDA forecast of 5.425 billion bushels despite a slow start to the marketing year.
Corn consumed for beverage alcohol totaled nearly 2.70 million bushels, down almost 17 percent from December and down about 6 percent YOY.
Distillers dried grains with solubles (DDGS) production was over 1.95 million tons, up roughly 2 percent from the month prior and up nearly 7 percent YOY.
Production of distillers wet grains (DWG) with 65 percent or more moisture was just under 1.39 million tons, about the same month over month and up just 2 percent YOY.
Corn used for ethanol production, by season
Posted by: Information Services Our Information Services team assists our clients with understanding commodity and ingredient market dynamics. Using our extensive database of intelligence, we also produce regular commodity and commercial market publications covering supply and demand fundamentals, news alerts on events that shape the markets, and resource guides to give you a complete picture of the industries we monitor.