STAT Communications Ag Market News

Corn Crush Down On Year

WASHINGTON - Nov 2/15 - SNS -- Total corn consumed for alcohol and other uses was 478.6 million bushels in September 2015, according to the USDA.

Total corn consumption was down 4% from August 2015 and down 4% from July 2015.

September usage included 91.2% for alcohol and 8.8% for other purposes. Corn for beverage alcohol totaled 3.48 million bushels, up 11% from August and up 31% from July.

Corn for fuel alcohol, at 427.5 million bushels, was down 4% from August and down 5% from July. Corn consumed in September 2015 for dry milling fuel production and wet milling fuel production was 89.8% and 10.2% respectively.

Dry mill co-product production of distillers dried grains with solubles (DDGS) was 1.91 million tons during September 2015, down 3% from August 2015 and down 5% from July 2015. Distillers wet grains (DWG) 65% or more moisture was 1.17 million tons in September 2015, up 1% from August 2015 and up 2% from July 2015.

Wet mill corn gluten feed production was 312.5 thousand tons during September 2015, down 9% from August 2015 and down 6% from July 2015. Wet corn gluten feed 40 to 60% moisture was 286.6 thousand tons in September 2015, down 1% from August 2015 and down 9% from July 2015.

Dry and Wet Mill, Corn Consumed - United States: July 2015 - September 2015
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                           Purpose                          :   July 2015   :  August 2015  :September 2015
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                                                            :                 1,000 bushels
                                                            :
Consumed for alcohol production                             :
  Beverage alcohol .........................................:      2,645           3,129           3,478
  Fuel alcohol .............................................:    448,022         446,853         427,500
    Dry mill ...............................................:    401,045         399,357         383,792
    Wet mill ...............................................:     46,977          47,496          43,708
  Industrial alcohol .......................................:      6,207           6,336           5,673
Consumed for other purposes                                 :
  Total wet mill products other than fuel ..................:     44,139          42,510          41,906
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Dry Mill, Sorghum Consumed - United States: July 2015 - September 2015
------------------------------------------------------------------------------------------------------------
                           Purpose                          :   July 2015   :  August 2015  :September 2015
------------------------------------------------------------------------------------------------------------
                                                            :                   1,000 cwt
                                                            :
Consumed for alcohol production                             :
  Fuel alcohol .............................................:      (D)             (D)             (D)
------------------------------------------------------------------------------------------------------------
(D) Withheld to avoid disclosing data for individual operations.
Dry and Wet Mill, Co-products and Products Produced - United States: July 2015 - September 2015
------------------------------------------------------------------------------------------------------------
                  Co-products and products                  :   July 2015   :  August 2015  :September 2015
------------------------------------------------------------------------------------------------------------
                                                            :                     tons
                                                            :
Dry mill                                                    :
  Condensed distillers solubles (CDS - syrup) ..............:     149,927         156,262         156,935
  Corn oil .................................................:     125,497         121,810         117,622
  Distillers dried grains (DDG) ............................:     450,829         452,969         420,458
  Distillers dried grains with solubles (DDGS) .............:   2,000,851       1,961,145       1,907,470
  Distillers wet grains (DWG) 65% or more moisture .........:   1,137,600       1,151,297       1,165,422
  Modified distillers wet grains (DWG) 40% to 64% moisture .:     350,460         341,837         369,209
                                                            :
Wet mill                                                    :
  Corn germ meal ...........................................:      68,528          66,563          56,106
  Corn gluten feed .........................................:     333,828         343,476         312,543
  Corn gluten meal .........................................:      97,130          96,072          86,522
  Corn oil .................................................:      53,364          52,514          42,605
  Wet corn gluten feed 40% to 60% moisture .................:     315,090         290,652         286,615
                                                            :
Dry and wet mill                                            :
  Carbon dioxide captured ..................................:     225,675         224,982         210,625
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