July corn use for ethanol production up 7% over June

In Washington, the USDA said in its September Grain Crushings and Co-Products Production report that corn consumption for ethanol during July was up 7% on the month at 455 million bushels and 2% higher than during the year before. Of the total ethanol produced from corn, 89.5% was produced using dry milling while the rest was from wet milling. DDGS and DDG production was down on the year while corn oil production was higher. Germ meal was also down compared to July 2015 but corn gluten feed produced from wet mills was higher on the year.