Feed Outlook: June 2012

by Thomas Capehart, Edward Allen, and Michael Jewison

The 2012/13 U.S. corn balance sheet is unchanged this month. Corn ethanol use for 2011/12 is projected up 50 million bushels this month to 5,050 million as recent ethanol production data have been stronger than expected. While slowing from its peak in December 2011, ethanol production and use has been partly sustained by ethanol exports, as declining gasoline use and limits to blending ethanol have curbed domestic use.

Keywords: Feed grains, corn, sorghum, barley, oats

In this publication...

• Feed Outlook: June 2012
• Table 1--Feed grains: U.S. quarterly supply and disappearance (million bushels)
• Table 2--Feed and residual use of wheat and coarse grains
• Table 3--Cash feed grain prices
• Table 4--Selected feed and feed byproduct prices (dollars per ton)
• Table 5--Corn: Food, seed, and industrial use (million bushels)
• Table 6--Wholesale corn milling product and byproduct prices
• Table 7--U.S. feed grain imports by selected sources (1,000 metric tons)
• Table 8--U.S. feed grain exports by selected destinations (1,000 metric tons)

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