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The Uses of Corn: Industries Affected by High Corn Prices

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The uses of corn

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Corn Beyond the Cob

Corn or maize is the second most-produced crop in the world, and it’s more than just a staple in our diets.

From the sweetener in our coffees to the ethanol that powers our vehicles, corn has hundreds of uses. Consequently, high corn prices have a domino effect that can affect many supply chains and possibly even increase the cost of our weekly groceries, especially if they include tortilla chips.

This infographic uses data from the National Corn Growers Association to break down U.S. corn use by segment in 2020, and the products that a bushel of corn can produce.

The Uses of Corn in the U.S.

While corn on the cob is quite popular, not all corn is sweet. There are five major types of corn grown around the world, and each one differs in taste and uses. Of these, yellow dent corn or field corn accounts for the majority of commercial U.S. production.

Here’s a breakdown of U.S. corn usage in 2020:

SegmentBushels Used (millions)% of Usage (2020)
Feed5,65038.7%
Ethanol (Fuel)3,87526.6%
Exports2,55017.5%
Ethanol (Animal Feed)1,0757.4%
Sweeteners7805.3%
Starch2301.6%
Cereal/Other2151.5%
Beverages/Alcohol1701.2%
Seeds300.2%
Total14,575100%

Corn accounts for more than 96% of U.S. feed grain use and production. As a result, animal feed makes up nearly 40% of the country’s corn usage. This is because corn is a rich source of carbohydrates, and in combination with protein from soybeans, it can make for an effective diet for livestock.

In the United States, federal mandates require vehicles to use a blend of gasoline and biofuels like ethanol—94% of which is produced from the starch in corn grain. Therefore, a large portion of U.S. corn goes into ethanol production.

Interestingly, the ethanol distillation process produces a co-product known as dried distillers grain, which serves as low-cost, protein-rich animal feed for livestock. On average, the U.S. ethanol industry produces around 90,000 tons of distillers grains each week.

Animal feed and ethanol production collectively make up around 73% of U.S. corn usage. Other uses of corn include the production of sweeteners, starch, cereal, and alcoholic beverages like whiskey.

Breaking Down U.S. Corn Exports

The U.S. is the world’s largest producer and exporter of corn and accounted for roughly 36% of exports in 2020.

Up until 2019, the majority of U.S. corn exports went to Mexico, Japan, and Colombia. China wasn’t among the top 10 destinations, but this changed in 2020.

u.s. corn exports

Between January 2020 and 2021, U.S. corn exports to China increased exponentially, reaching an all-time high in December. China’s massive import appetite is because of a shortage of domestic supplies amid rising demand for feed from its recovering hog-herd, which was hit by the African swine fever in 2018.

Consequently, China became the third-largest importer of U.S. corn in 2020 after Mexico and Brazil. What’s more, the U.S. Department of Agriculture projects that China’s corn imports in 2021 will be much higher than 2020 levels, and the majority of those will be sourced from the United States.

The Corn Price Boom

In addition to a drought-induced yield cut in Brazil, rising demand from China has driven corn prices to their highest level in the last eight years.

price of corn

Since the beginning of 2020, corn prices have increased 68% and stand at around $6.50 per bushel as of May 19th.

The rise in corn prices is likely to affect several industries and could translate into higher prices for our groceries, including cereals, taco shells, and corn syrups. Additionally, it could also push up the price of gas due to its key role in ethanol production.

Corn, in a Bushel

In a world where commodities like corn are often taken for granted, it’s important to think about how valuable it can be.

A single bushel of corn can provide 33 lbs of sweetener, 31.5 lbs of starch, or 22.4 lbs of polymers. It’s also enough to produce around 3 gallons of ethanol fuel and 16 lbs of distillers dried grains for animal feed.

The uses of corn go far beyond the cob, and just like other raw materials, it supports many industries that make modern life possible.

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Agriculture

Ranked: World’s Biggest Wine Producers by Country

We break down the major wine producers of the world by country and how much they contribute to world wine supply.

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A chart breaking down the major wine producers of the world by country and how much they contribute to world wine supply.

Ranked: World’s Biggest Wine Producers By Country

“Wine gives a man fresh strength when he is wearied”Homer, The Iliad

Wine has been in our cups, in our thoughts, and in our poems for many a millennia, from the antics of Dionysus, the Greek god of wine, to its symbolism in the Last Supper. But breaking down the biggest wine producers by country in the modern era leads to some interesting surprises.

This infographic by Alberto Rojo Moro uses data from the International Organization of Vine and Wine (OIV) to visualize where wine production is concentrated in the world.

We take a quick look below.

The Top Wine Producers By Country in 2022

At the top of the list, Italy produced nearly 50 million hectoliters—or about 1,994 Olympic-sized swimming pools—of wine in 2022, accounting for nearly one-fifth of total production in the year. Less than half of that wine was sent to overseas markets, also making Italy the biggest exporter of the beverage by volume.

ℹ️ One hectoliter is equal to 100 liters and is used as a unit of measure for wine, beer, and other agricultural produce.

The country’s long coastline results in a moderate climate, allowing winemaking to occur in 20 different regions in Italy, with Veneto, Apulia, Emilia-Romagna, and Sicily leading in production.

Other known wine connoisseur countries—France (45.6 hectoliters) and Spain (35.8 million hectoliters)—rank second and third in wine production respectively. Together these three countries make up half of the world’s wine supply.

Here’s a full list of the world’s biggest wine producers by country.

RankCountryContinentQuantity
(1,000 hl)
% of Total
Production
1🇮🇹 ItalyEurope49,84319.30%
2🇫🇷 FranceEurope45,59017.65%
3🇪🇸 SpainEurope35,70313.82%
4🇺🇸 U.S.America22,3858.67%
5🇦🇺 AustraliaOceania12,7454.93%
6🇨🇱 ChileAmerica12,4444.82%
7🇦🇷 ArgentinaAmerica11,4514.43%
8🇿🇦 South AfricaAfrica10,1553.93%
9🇩🇪 GermanyEurope8,9403.46%
10🇵🇹 PortugalEurope6,7772.62%
11🇷🇺 RussiaEurope4,7001.82%
12🇨🇳 ChinaAsia4,1821.62%
13🇳🇿 New ZealandOceania3,8301.48%
14🇷🇴 RomaniaEurope3,7881.47%
15🇧🇷 BrazilAmerica3,2001.24%
16🇭🇺 HungaryEurope2,9001.12%
17🇦🇹 AustriaEurope2,5270.98%
18🇬🇪 GeorgiaEurope2,1350.83%
19🇬🇷 GreeceEurope2,1270.82%
20🇲🇩 MoldovaEurope1,4000.54%
21🇨🇭 SwitzerlandEurope9920.38%
22🇲🇰 North MacedoniaEurope9360.36%
23🇯🇵 JapanAsia8300.32%
24🇵🇪 PeruAmerica8100.31%
25🇺🇾 UruguayAmerica7560.29%
26🇧🇬 BulgariaEurope7470.29%
27🇨🇦 CanadaAmerica6920.27%
28🇺🇦 UkraineEurope6600.26%
29🇹🇷 TürkiyeAsia6220.24%
30🇨🇿 Czech RepublicEurope5860.23%
31🇭🇷 CroatiaEurope5610.22%
32🇸🇮 SloveniaEurope5460.21%
33🇰🇿 KazakhstanAsia4450.17%
34🇮🇱 IsraelAsia4300.17%
35🇲🇦 MoroccoAfrica4180.16%
36🇹🇲 TurkmenistanAsia4000.15%
37🇲🇽 MexicoAmerica3960.15%
38🇹🇳 TunisiaAfrica3700.14%
39🇧🇾 BelarusEurope3400.13%
40🇸🇰 SlovakiaEurope3340.13%
41🇦🇱 AlbaniaEurope2280.09%
42🇺🇿 UzbekistanAsia2160.08%
43🇩🇿 AlgeriaAfrica1930.07%
44🇮🇳 IndiaAsia1800.07%
45🇬🇧 UKEurope910.04%
46🇱🇺 LuxembourgEurope850.03%
47🇨🇾 CyprusEurope790.03%
48🇱🇹 LithuaniaEurope320.01%
49🇧🇪 BelgiumEurope300.01%
50🇲🇹 MaltaEurope130.01%
51🇳🇱 NetherlandsEurope100.00%
52🇵🇱 PolandEurope50.00%
53🇩🇰 DenmarkEurope10.00%
🌎 WorldAll258,265100%

Note: Percentages may not sum to 100% due to rounding.

The U.S., ranked 4th, is the top wine producer from the Americas, beating out other wine-producing countries like Chile (6th) and Argentina (7th).

South Africa, ranked 8th, is one of only four African countries in the dataset as winemaking isn’t as widespread on the continent as other regions in the world.

Meanwhile, China (ranked 12th) is the top wine producer from Asia. The region’s preference for other distilled spirits helps explain why the next two biggest Asian wine producers, Japan (23rd) and Türkiye (29th) occupy the middle ranks.

Unsurprisingly, European countries account for two-thirds of the world’s wine supply, followed by the Americas (20%) and then Oceania (6%).

Climate Concerns for Future Wine Production

Wine production has stayed relatively stable for the last decade but climate change is coming for this industry as well.

According to the New York Times, warmer temperatures are both a blessing and curse for winemakers. Some areas once deemed too inhospitable for grapevines (like England) are starting to show potential for certain varietals and wines. At the same time, in some traditional regions, prolonged warmer weather is leading to overripening, forcing winemakers to limit the grapes’ exposure to sunlight.

And the general weather anomalies caused by climate change—floods, droughts, wildfires—all make wine production just a little more difficult than it already is.

Which prompts a question worth pouring a glass of wine over to ponder: which wine producing countries will survive, adapt, languish or thrive in the coming decades?

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