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Corn Harvest Quality Report 2014/2015

Contents

  1. Harvest Quality Highlights
  2. Introduction
  3. Quality Test Results
  4. Moisture
  5. Chemical Composition
  6. Physical Factors
  7. Mycotoxins
  8. Crop and Weather Conditions
  9. Planting and Early Growth Conditions - Spring (March - May)
  10. Pollination and Grain Fill Conditions - Summer (June - August)
  11. Harvest Conditions (September - October +)
  12. Comparison of the 2015 Average to the 2014, 2013, and 4YA
  13. Corn Production, Usage, and Outlook
  14. U.S. Corn Use and Ending Stocks
  15. Outlook
  16. Survey and Statistical Analysis Methods
  17. Survey Design and Sampling
  18. Statistical Analysis
  19. Testing Analysis Methods
  20. Corn Grading Factors
  21. Moisture
  22. Chemical Composition
  23. Physical Factors
  24. Mycotoxin Testing
  25. U.S. Corn Grades and Conversions
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B. U.S. Corn Use and Ending Stocks

  • U.S. corn use for food, seed and other non-ethanol industrial purposes has remained fairly constant since the 2010/2011 marketing year (MY10/11).
  • While the amount of corn used for ethanol production was lower in MY12/13 relative to MY10/11, MY11/12 and MY13/14, the proportion of corn used for ethanol production to overall use has not changed greatly the past four completed marketing years.
  • Direct consumption of corn as a feed ingredient in domestic livestock and poultry rations rebounded in MY13/14 due to ample corn supplies and lower corn prices relative to other feed ingredients.
  • U.S. corn exports during MY13/14 were more than double the previous marketing year, mostly due to record U.S. corn production and lower prices.
  • The 2012 drought resulting in lower production greatly drew down the MY12/13 ending stocks, the lowest in many years. However, the large 2013 crop helped rebuild ending stocks in MY13/14.