# Brazil’s corn industry is discovering DDGS - Food & Agribusiness

> Pig Progress reports that Brazil's corn ethanol output grew from 520 million litres in 2017-18 to 6.3 billion litres, and is projected to reach 14 billion litres within a decade. The article describes the growing supply of DDGS from Mato Grosso biorefineries, with corn ethanol now capturing about 20% of Brazil's biofuel market.

- Date: 2024-07-31 · published 2024-07-31T12:00:00.000Z
- Category: policy · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/29366-brazil-s-corn-industry-is-discovering-ddgs-food-and-agribusiness
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expanding Brazilian DDGS output adds feed supply that can compete with imported U.S. DDGS and soybean meal, which may weigh on feed ingredient prices over time.

## Read by commodity

- CORN: bullish ▲
- DDGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-07-25 | [Brazil's new Freight Law is disrupting trade in grain](https://feedsoft.ai/events/64247-brazil-s-new-freight-law-is-disrupting-trade-in-grain.md) | +3.5% | +2.0% |
| CORN | 2017-02-18 | [Bullish on US Biofuels Industry \|         Global Oil & Fats Business Online – gofbonline.com](https://feedsoft.ai/events/72363-bullish-on-us-biofuels-industry-global-oil-and-fats-business-online-gofbonline.md) | +0.3% | +0.9% |
| CORN | 2024-06-07 | [Corn, soy futures rise on new Brazilian tax rule - Markets - Business Recorder](https://feedsoft.ai/events/6150-corn-soy-futures-rise-on-new-brazilian-tax-rule-markets-business-recorder.md) | +5.6% | -4.9% |
| CORN | 2022-05-11 | [Biofuels industry pressing for long-term certainty in future announcements \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/15393-biofuels-industry-pressing-for-long-term-certainty-in-future-announcements-agri.md) | +2.4% | -0.3% |
| CORN | 2020-12-31 | [CBOT corn higher - Markets - Business Recorder](https://feedsoft.ai/events/49676-cbot-corn-higher-markets-business-recorder.md) | +6.2% | +17.5% |

## Sources

- foodagribusiness.world: https://www.foodagribusiness.world/pigs/brazils-corn-industry-is-discovering-ddgs

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.