Market Potential for U.S. Distillers' Grains Exceeds Likely Supply Growth

Hoffman, Linwood A.; Dohlman, Erik

doi:10.22004/ag.econ.120967

Cited by 1 publication

(4 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The demand analysis research in this literature review was divided into four broad categories: (1) contextual demand [ 54 , 55 , 56 ], (2) livestock demand [ 57 , 58 , 59 , 60 , 61 , 62 , 63 , 64 ], (3) location demand [ 65 , 66 ], and (4) potential demand [ 67 , 68 , 69 , 70 ]. The categories were determined by the primary research question from which ethanol coproduct demand was analyzed.…”

Section: Resultsmentioning

confidence: 99%

Section: Resultsmentioning

confidence: 99%

“…The future demand for ethanol coproducts primarily focused on DDGS characteristics and market forces shaping its potential demand [ 65 , 67 , 68 , 69 , 70 ]. Feed quality heterogeneity and levels of per-animal consumption were topics of concern in the earlier articles while the prospect of demand outpacing supply was the focus of more recent articles [ 67 , 68 , 69 , 70 ]. Four of the five studies focused exclusively on the future of DDGS demand [ 65 , 67 , 69 , 70 ], while one study explored the viability of the market potential of extracting corn oil from DDGS for biodiesel production [ 68 ].…”

Section: Resultsmentioning

confidence: 99%

“…Feed quality heterogeneity and levels of per-animal consumption were topics of concern in the earlier articles while the prospect of demand outpacing supply was the focus of more recent articles [ 67 , 68 , 69 , 70 ]. Four of the five studies focused exclusively on the future of DDGS demand [ 65 , 67 , 69 , 70 ], while one study explored the viability of the market potential of extracting corn oil from DDGS for biodiesel production [ 68 ]. The outlook for ethanol coproducts demand was deemed positive.…”

Section: Resultsmentioning

confidence: 99%

See 3 more Smart Citations

Economic Research on Ethanol Feed-Use Coproducts: A Review, Synthesis, and Path Forward

Dennis,

Gertner,

Erickson

2024

Animals

View full text Add to dashboard Cite

During the mid-2000s to the early 2010s, the domestic ethanol industry witnessed substantial growth, with ethanol coproducts emerging as vital elements for plant profitability and livestock feeding. Initially serving as supplementary revenue streams, coproducts from ethanol production have evolved into diverse value-added offerings, bolstering revenue streams, and sustaining profit margins. This study reviews existing economic research on ethanol coproducts, detailing methodologies, product focus, and research locations. Initially gathering 972 articles from 9 databases, 110 articles were synthesized. We find that most studies primarily examined the growth and future of the ethanol industry with a limited focus on specific coproducts. Feed-use distillers’ grains, especially dried distillers’ grains, were the most widely published while newer coproducts like pelletized, de-oiled, and high-protein distillers’ grains were relatively understudied. Non-feed-use products were notably overlooked, highlighting the need for exploration beyond conventional applications. The evolving market landscape for ethanol co-products has surpassed published academic understanding of the economic tradeoffs necessitating further research into product dynamics, pricing, marketing, market structures, and regulatory frameworks. This highlights and underscores the importance of investigating value-added grains across diverse commodities and geographic contexts to inform strategic decision-making and policy formulation.

show abstract