What happens with all the corn that is not used for ethanol? Many think it's used to make cereal and corn chips. But that turns out to be only 14% of all the non-ethanol corn usage. The biggest portion by far (36%) is used to make high-fructose corn syrup (HFCS). And much of HFCS is used for carbonated soft drink manufacturing. That means we should see soda prices in the supermarket continue to rise - which may be a good thing in terms of consumer health.
Here are all the non-ethanol uses of corn.
Here are all the non-ethanol uses of corn.
Non-ethanol corn usage (source: DB) http://soberlook.com/2012/10/what-happens-to-non-ethanol-corn.html |
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