World Perspectives
biofuel energy

Ethanol Corn Use and Outlook

USDA released the January Grain Crushings report yesterday; total corn use for fuel alcohol was down 11 percent from January 2020, and down 6 percent from January 2019. Dry mill production of DDGS was 1.7534 MMT during January 2021, 90 percent of last year and 98 percent of December. On the year, ethanol use of corn was down 555.4 million bushels, or 10 percent.   Wet milling co-products fared better than dry milling. DDGS production was down 2.4 MMT on the year and corn distillers oil was down 141,265 MT. Only wet mill production of corn gluten meal was up year-over- year. Ethanol production took another dip last week, a victim of the cold weather which disrupted natural gas supply and caused power outages. Production wa...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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