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Corn Harvest Quality Report 2018/2019

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 (April - May)
  10. Pollination and Grain Fill Conditions - Summer (June - August)
  11. Harvest Conditions (September - October +)
  12. Comparison of the 2018 Average to the 2017, 2016 and 5YA
  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

B. U.S. Corn Use and Ending Stocks

  • U.S. corn use for food, seed and other non-ethanol industrial purposes has remained consistent over the past four completed marketing years.
  • While domestic consumption of gasoline has stalled during since marketing year (MY)14/15, increasing ethanol exports has led to slight annual increases in the amount of corn used for ethanol production during this period.
  • Direct consumption of corn as a feed ingredient in domestic livestock and poultry rations has remained strong, due to ample corn supplies and competitive corn prices relative to other feed ingredients.
  • Strong export demand and relatively large crops have led to slight annual increases in U.S. corn exports since MY14/15.
  • Ending stocks peaked following the record 2016 crop and decreased only slightly following a 2017 crop that was still the second largest on record.