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Corn market expected to hover around $4

December 31, 2014

BY Jason Sagebiel, FCStone

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USGC promotes DDGS, corn fermented protein across Asia

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By U.S. Grains Council

16 hours ago

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The U.S. Grains Council in April organized two major marketing conferences promoting U.S. corn fermented protein (CFP) and distiller’s dried grains with solubles (DDGS) in South Korea and Taiwan.

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The aquaculture sector around the world continues to grow, and the U.S. Grains Council is working to create further awareness of the use of distiller’s dried grains with solubles (DDGS) and corn fermented protein (CFP) in the feed being used.

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U.S. fuel ethanol production was up nearly 4% the week ending May 10, according to data released by the U.S. Energy Information Administration on May 15. Stocks of fuel ethanol were up 1% and exports were down 49%.

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The USDA expanded its estimate for 2023-’24 corn use in ethanol to 5.45 billion bushels in its latest WASDE report, released May 10. The agency currently expects the volume of corn that goes to ethanol production to remain at that level for 2024-’25.

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In April, the U.S. Grains Council led a group of Japanese journalists interested in biofuel production on a tour of several U.S. ethanol plants and organized meetings with supply chain leaders and policymakers.

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