Corn grind, soybean crush up on month

Corn grind, soybean crush up on month

Corn for use in ethanol production was mixed during January.

The USDA says 443.551 million bushels of corn were used for ethanol production in January, up 4% from the December 2022 total with fewer disruptions in major production areas from weather.

That’s down 4% from January 2022, with uncertainties about demand and weaker margins discouraging some producers.

That trickled down to distillers dried grains with solubles production, with the total of 1,714,389 tons 2% higher than the previous month, but 11% lower than the year before.