Posted by admin | Posted in Model Railway | Posted on 07-01-2010
Tags: corn, corn products, corn products bedford park, corn products in food, corn products international, corn products international careers, corn products specialty ingredients, corn products us, environment, food, green, shopping, sustainability
Looking For Corn Products ? Then This is Where You Want to Be
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 1926 GOSPEL OF GOOD FEEDING ASSOCIATED CORN PRODUCTS $14.99 Time Remaining: 1h 31m Buy It Now for only: $14.99 |
 Vintage Nos Sample Box Niagara Laundry Starch Argo Corn Products Refining Co $24.99 Time Remaining: 3h 12m Buy It Now for only: $24.99 |
 Eco Products EP CC20 GS 20 oz GreenStripe Corn Cups $144.13 Time Remaining: 4h 26m Buy It Now for only: $144.13 |
 Eco Products EP CC16 GS 16 oz GreenStripe Corn Cups $123.91 Time Remaining: 4h 26m Buy It Now for only: $123.91 |
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 Eco Products EP CC12 GS 12 oz GreenStripe Corn Cups $105.75 Time Remaining: 4h 26m Buy It Now for only: $105.75 |
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 Corn Sheller Mill Farm Product Old Fashion Advertising Rustic Metal Sign $8.99 Time Remaining: 4h 54m Buy It Now for only: $9.99 |
 THE MAZOLA SALAD BOWL Vintage 1939 Cookbook recipes corn products $1.00 Time Remaining: 5h 17m Buy It Now for only: $1.00 |
 Eco Products EPFLCC Clear Dome Lid for Corn Cold Cups $80.62 Time Remaining: 7h 25m Buy It Now for only: $80.62 |
 N Scale Atlas 40255 Corn Products 17600 Gallon Trinity Syrup Tank Car GATX4470 $18.65 Time Remaining: 10h 38m Buy It Now for only: $18.65 |
 InterMountain HO 19600 Gallon Tank Car Corn Products 1605 $24.14 Time Remaining: 11h 46m Buy It Now for only: $24.14 |
 Sweet Corn Products B00302 BRASS MESH FEEDER $20.88 Time Remaining: 12h 41m Buy It Now for only: $20.88 |
 1930 Karo Corn Products Children Glass Spoon Vintage Ad $6.99 Time Remaining: 13h 30m Buy It Now for only: $6.99 |
 Sweet Corn Products SB00316 SUNFLOWER BASKE FEEDER $17.89 Time Remaining: 14h 11m Buy It Now for only: $17.89 |
 ATLAS HO ACF COVERED HOPPER CORN PRODUCTS 80010 $16.99 Time Remaining: 14h 42m |
 VINTAGE REX IMITATION FRUIT JELLY TIN BUCKET PAIL 5 CORN PRODUCTS REFINING NY $9.99 (1 Bid) Time Remaining: 15h 27m |
 Massey Ferguson 321 421 Narrow Row Corn heads Product Information Manual $12.99 Time Remaining: 15h 36m Buy It Now for only: $12.99 |
 HO Athearn 40 Tank Car CPC Corn Products $9.99 Time Remaining: 16h 3m |
 MAZOLA PRODUCT 2 FREE COUPONS 399 each OLIVEOIL CORN OIL COOKING SPRAY $3.75 Time Remaining: 19h 42m |
 CORN SILK WEIGHTLESS LIQUID FOUNDATION WARM BEIGE DISCONTINUED PRODUCT $24.57 Time Remaining: 1d 3h 15m |
 Vintage ARGO Gloss Starch Corn Products Refining Co Cardboard Box Advertising $10.95 Time Remaining: 1d 4h 9m Buy It Now for only: $10.95 |
 1952 Corn Products Dextrose Food Energy Sugar Print Ad $9.99 Time Remaining: 1d 7h 23m Buy It Now for only: $9.99 |
 MAKE A WISH 2000 JOHN COPES CORN PRODUCTS WINROSS $11.95 Time Remaining: 1d 15h 45m Buy It Now for only: $11.95 |
 MODEL TRAINS HO ATLAS 3560 COVERED HOPPER CORN PRODUCTS $10.00 Time Remaining: 1d 19h 38m |
 Eco Products EPCC12GS Corn Based Clear 12 Ounce Cold Cups $135.73 Time Remaining: 2d 8h Buy It Now for only: $135.73 |
 Eco Products EPCC16GS Corn Based Clear 16 Ounce Cold Cups $167.33 Time Remaining: 2d 8h Buy It Now for only: $167.33 |
 Eco Products EPCC9SGS Clear 9 Ounce Corn Based Cold Cup w Green Strip $107.94 Time Remaining: 2d 8h Buy It Now for only: $107.94 |
 Eco Products EPDLCC Clear Dome Lids for Corn Cold Cups $89.54 Time Remaining: 2d 8h 1m Buy It Now for only: $89.54 |
 NEW 2012 COUNTRY LIVING GRAIN MILL LARGE CORN BEAN AUGER COMBO 2 PRODUCTS $465.95 Time Remaining: 2d 10h 25m Buy It Now for only: $465.95 |
 ATLAS ACF 3560 COVERED HOPPER CORN PRODUCTS CPC ROAD 80018 HO $10.00 Time Remaining: 2d 10h 52m |
 ATLAS ACF 3560 COVERED HOPPER CORN PRODUCTS CPC ROAD 80002 HO $10.00 Time Remaining: 2d 10h 53m |
 1930s McCORMICK DEERING CORN PICKERS Equipment Product CATALOG $10.45 (2 Bids) Time Remaining: 2d 18h 5m |
 HO Walther RTR 16KGal FF Tank CORN PRODUCT CCLX1353 NIB $25.99 Time Remaining: 2d 18h 41m Buy It Now for only: $25.99 |
 ADI SEEDS FARMING CATTLE CORN PRODUCTS BUCK FEED BXM17 $5.99 Time Remaining: 3d 2h 6m Buy It Now for only: $5.99 |
 HO Atlas 17600 gallon Tank Car Corn Products 4470 $29.95 Time Remaining: 3d 2h 34m Buy It Now for only: $29.95 |
 Jane Ashleys Newest Recipes for Better Meals Corn Products Refining Co $3.25 Time Remaining: 3d 8h 5m Buy It Now for only: $3.25 |
 Herald King Decal PR 123 Corn Products Tank Car 2 75 $4.35 Time Remaining: 3d 14h 19m Buy It Now for only: $4.35 |
 HUBINGER 75 Years Products from Corn Paperweight $16.95 Time Remaining: 3d 15h 43m Buy It Now for only: $16.95 |
 CLINTON IOWA 1946 cover from CLINTON COMPANY CORN PRODUCTS $4.95 Time Remaining: 3d 23h 8m Buy It Now for only: $4.95 |
 1957 National Starch Products Corn Sailboats Print Ad $9.95 Time Remaining: 4d 8m Buy It Now for only: $9.95 |
 WAUKEGAN ILLINOIS CORN PRODUCTS REFINING CO POSTCARD $13.99 Time Remaining: 4d 6h 29m Buy It Now for only: $13.99 |
 Corn Products cook book by Emma Churchman Hewitt book $10.00 Time Remaining: 4d 6h 37m Buy It Now for only: $10.00 |
 RARE Lionel 3672 Bosco Corn Products Co Operating Milk Car w 7 Bosco milk cans $46.65 (5 Bids) Time Remaining: 4d 7h 24m |
 1962 Press Photo FRED PARTRIDGE ELEVATOR OPERATOR CORN PRODUCTS BUILDINGS $27.88 Time Remaining: 4d 7h 45m Buy It Now for only: $27.88 |
 Atlas O 8684 1 8000 Gal Tank Car Staley Corn Products $57.95 Time Remaining: 4d 10h 18m Buy It Now for only: $57.95 |
 Vintage Advertising Blotter Modified Erkenbrecher Starch Corn Products 1924 NY $9.99 Time Remaining: 4d 12h 23m |
 FORTUNE September1938 Agriculture Corn Products Curtiss Wright Hat Business $24.05 Time Remaining: 4d 12h 42m Buy It Now for only: $24.05 |
 Corn Products Logo Golf Ball 3774 $0.99 Time Remaining: 4d 13h 52m Buy It Now for only: $0.99 |
 Road Side Stand Blue Ribbon Roasted Corn MTH30 90399 Product Line RailKing $40.75 Time Remaining: 4d 14h 4m Buy It Now for only: $40.75 |
 Proven Recipes Corn Products Argo Mazola Karo +Nestles Chocolate Cook Booklet $5.00 Time Remaining: 4d 14h 17m |
 IBM black mug natural corn product 4 tall $19.99 Time Remaining: 4d 23h 47m Buy It Now for only: $19.99 |
 Mazola Recipes Corn Products Refining Co $5.50 Time Remaining: 5d 10h 7m Buy It Now for only: $5.50 |
 Proven Recipes w 3 Great Products from Corn Products $6.77 Time Remaining: 5d 11h 42m Buy It Now for only: $6.77 |
 Avon Products Fall Corn Trivet Hanging Wall Decor $12.99 Time Remaining: 5d 15h 50m Buy It Now for only: $12.99 |
 K Line new 5419 Corn Products Company Corn Syrup tank c $40.00 Time Remaining: 6d 10h 14m Buy It Now for only: $40.00 |
 HO Herald King PR 122 Yellow ACF 4 Bay Covered Hopper CORN PRODUCTS 4 75 $5.99 Time Remaining: 6d 11h 19m Buy It Now for only: $5.99 |
 Real Photo Postcard RPPC Iowa Products Babies Corn $21.99 Time Remaining: 6d 12h 22m Buy It Now for only: $21.99 |
 Atlas Train Man N Scale 40 Airslide Hopper Corn Products Company 38778A $7.55 Time Remaining: 6d 13h 17m Buy It Now for only: $7.55 |
 Walthers Athearn HO Corn Products 3 Bay Cvd Hopper 3 Car Set Built from Kits $24.98 Time Remaining: 6d 17h 50m |
 Free Orville Redenbachers Single wyb one Gourmet Popping Corn Products coupons $0.99 Time Remaining: 6d 18h 18m |
 ATLAS CORN PRODUCTS ACF COVERED HOPPER CAR 80022 NIB HO $15.75 Time Remaining: 7d 15h 15m Buy It Now for only: $15.75 |
 070511 CORN PRODUCTS MILL WAUKEGON IL ILLINOIS POSTCARD 1910 $8.97 Time Remaining: 7d 17h 20m Buy It Now for only: $8.97 |
 1984 Press Photo Corn Products Wet Milling Facility $19.88 Time Remaining: 8d 2h 36m Buy It Now for only: $19.88 |
 Vintage Canning With Karo Instead Of Sugar by the Corn Products Refining Co Rare $10.00 Time Remaining: 8d 3h 20m Buy It Now for only: $10.00 |
 ATLAS N SCALE 40253 17600 GAL TANK CAR CORN PRODUCTS $19.99 Time Remaining: 8d 5h 44m Buy It Now for only: $19.99 |
 1954 Linit Corn Starch Vegetable Product Bath Bathing Baby Tender Skin Print Ad $9.95 Time Remaining: 8d 11h 2m Buy It Now for only: $9.95 |
 1949 Press Photo James A Moffett Corn Product Refining $21.88 Time Remaining: 8d 23h 21m Buy It Now for only: $21.88 |
 k5419 Corn Products triple dome tank car 3A $20.00 Time Remaining: 9d 7h 24m Buy It Now for only: $20.00 |
 JTT Scenery Products HO 1 Tall Ready To Plant Corn Stalks 36 Pack 95511 $8.95 Time Remaining: 9d 9h 34m Buy It Now for only: $8.95 |
 1925 Ad Mazola Corn Products Pillsburys Health Bran $6.50 Time Remaining: 9d 10h 23m Buy It Now for only: $6.50 |
 Walthers HO Scale 23K Gallon Tank Car Corn Products 1964 WA 920 100202 $31.16 Time Remaining: 9d 11h 42m Buy It Now for only: $31.16 |
Ethanol and the US Corn Crop
The American farmer and the American ethanol producer have been under attack, criticized for seeking to capitalize on the productivity and bounty of American agriculture to help solve this nation’s energy crisis. In particular, critics often misrepresent the impact of ethanol production on American corn and total grain supplies, contorting facts and reporting statistics completely out of context. In advance of the USDA’s September World Agricultural Supply and Demand Estimates (WASDE) report due out on Friday, the RFA has put together the following facts and figures that put the debate about how America uses its corn supplies in proper context.
As the size of the corn crop grows, so too do its uses.
In 2002/03, the United States produced a corn crop of 9.0 billion bushels and consumed 9.5 billion bushels of corn. How was that crop utilized?
Usage Bil. Bu. Percentage of Total Use
Feed/residual 5.6 59.0%
Export 1.6 17%
Ethanol 1.1 11.5%
Other 1.2 12.5%
(Source: US Department of Agriculture)
In 2007/08, the United States produced a corn crop of 13.1 billion bushels and consumed 12.8 billion bushels of corn, 35% more than in 2002. While the amount consumed by ethanol production increased, so too did the entire crop and every other usage.
Usage Bil. Bu Percentage of Total Use
Feed/residual 6.1 48%
Export 2.4 19%
Ethanol 3.0 23%
Other 1.3 10%
(Source: US Department of Agriculture)
Because the size of the annual corn crop continues to increase over time, discussing corn’s various uses in the context of percentages can sometimes be misleading. For example, a similar percentage of the crop was exported in 2002 and 2007; but in real numbers, the amount of corn exported in 2007 was 800 million bushels more than in 2002 (an increase of 50%). Similarly, a considerably smaller percentage of the crop was fed to livestock in 2007 than in 2002, but in real numbers, the amount of corn fed to livestock increased by nearly 10%.
When corn is used to produce ethanol, one-third of the corn is left over (as distillers grains or DDG) and used as a high protein animal feed.
- Discussions of how much corn is used for ethanol must recognize the fact that one-third of the corn is returned as feed to the livestock feed market.
- Every 56-pound bushel of corn that enters the dry mill ethanol process yields 2.8 gallons of fuel ethanol and 18 pounds of residual grains. These residual grains, often referred to as distillers grains, are fed to livestock and poultry.
- In 2008, 33% of the corn crop will be used for ethanol on a gross basis, according to the August 12 USDA WASDE report. However, when the distillers grains feed is considered, the net usage of the 2008 corn crop will be closer to 22%.
- Net usage of corn by the ethanol industry in 2007/08 was about 16% of the corn crop.
Increased corn production and less commodity speculation have helped reduce corn prices.
- 2008 new crop corn futures (DEC08) peaked in late June at $7.88 and were over $7 for just three weeks. DEC08 corn futures have fallen nearly $2.50 per bushel since the speculation-fueled peak.
- Corn is currently selling for under $5 per bushel on the cash market in many locations. USDA is projecting the season-average corn price in 2008/09 will be $5.40 per bushel and the average price last year was $4.25. USDA may be overestimating the amount of corn that will be processed into ethanol in 2008/09.
- Given current ethanol production economics, the expected timing of new capacity coming online, and the levels of ethanol blending required under the 2009 Renewable Fuels Standard (RFS), it seems unlikely that 08/09 ethanol use will reach 4.1 billion bushels, as USDA projected in August. Other estimates place corn use for ethanol in 2008/09 closer to 3.8 billion bushels.
- It is also notable that USDA overestimated corn use for ethanol in the 2007/08 marketing year. In its first estimate of 2007/08 corn demand (May 2007 WASDE), USDA pegged marketing year ethanol use at 3.4 billion bushels. It wasn’t until September 2007 that USDA marginally revised the estimate down to 3.3 billion bushels. The estimate was further revised down to 3.2 billion bushels in October 2007, followed by revisions to 3.1 billion bushels in April 2008 and 3.0 billion bushels in May 2008. USDA’s latest estimate of corn use for the 2007/08 marketing year, which ended August 31, remains at 3 billion bushels.
Higher energy prices have driven the corn farmer’s cost of production to unprecedented levels.
- Farmers are facing record prices for diesel fuel, gasoline, fertilizer and other fossil energy-derived inputs. These higher energy costs are, in part, responsible for the higher corn prices facing ethanol producers and livestock feeders. In many locations this year, if the price of corn drops below $3.50 per bushel, farmers will not make a profit.
About the Author
Matt Hartwig is the Communications Director for the Renewable Fuels Association in Washington, DC. Previously, he worked as the assistant media director for the Consumers Union in Washington. Prior to that, he was the Democratic Communications Director for the Senate Agriculture Committee.