# Corn use for ethanol begins to slow down

> Corn grind for ethanol has not shown its usual seasonal rise this year. The slowdown is attributed mainly to declining crude oil prices and lower protein prices.

- Date: 2017-06-19 · published 2017-06-19T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/70596-corn-use-for-ethanol-begins-to-slow-down
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower ethanol grind reduces both corn demand and DDGS output, which is bearish for corn and supportive for DDGS prices. Weaker crude prices are cutting ethanol margins and processing incentives.

## Read by commodity

- WTI: bearish ▼
- CORN: bearish ▼
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-11-17 | [Ethanol Plants Could Soon Start Producing for DDGs, Not Ethanol - AgWeb](https://feedsoft.ai/events/50135-ethanol-plants-could-soon-start-producing-for-ddgs-not-ethanol-agweb.md) | +1.1% | +0.3% |
| CORN | 2020-03-13 | [U.S. ethanol industry 'bleeding' on oil collapse, coronavirus](https://feedsoft.ai/events/54132-u-s-ethanol-industry-bleeding-on-oil-collapse-coronavirus.md) | -4.2% | -1.9% |
| CORN | 2021-01-21 | [COVID causes ethanol losses: Sharpest downturn in industry history – AgriNews](https://feedsoft.ai/events/49267-covid-causes-ethanol-losses-sharpest-downturn-in-industry-history-agrinews.md) | +3.8% | +2.7% |
| CORN | 2020-03-30 | [Ethanol Market Is Disturbing to American Farmers. And Now There's Covid-19.](https://feedsoft.ai/events/54231-ethanol-market-is-disturbing-to-american-farmers-and-now-there-s-covid-19.md) | +3.6% | -5.7% |
| CORN | 2017-02-06 | [Lower Corn Prices Encouraging Ethanol Production \| Energy.AgWired.com](https://feedsoft.ai/events/72481-lower-corn-prices-encouraging-ethanol-production-energy-agwired-com.md) | -0.0% | +1.3% |
| WTI | 2020-03-13 | [U.S. ethanol industry 'bleeding' on oil collapse, coronavirus](https://feedsoft.ai/events/54132-u-s-ethanol-industry-bleeding-on-oil-collapse-coronavirus.md) | -20.3% | -27.5% |
| WTI | 2020-04-09 | [Return to corn-soy diets](https://feedsoft.ai/events/53958-return-to-corn-soy-diets.md) | -20.7% | -1.1% |
| WTI | 2020-03-30 | [Ethanol Market Is Disturbing to American Farmers. And Now There's Covid-19.](https://feedsoft.ai/events/54231-ethanol-market-is-disturbing-to-american-farmers-and-now-there-s-covid-19.md) | +64.1% | -28.3% |

## Sources

- iowafarmbureau.com: https://www.iowafarmbureau.com/Article/Corn-use-for-ethanol-begins-to-slow-down

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