We have been looking at the wet corn milling industry for some time now and noticed a big change in O/E between the 2014 and 2016 tables. The values appear to be pretty consistent between 2016 and 2018. Any thoughts on why the large drop occurred during the middle part of the decade? Does it have something to do with ethanol production?
Overall prices for corn syrup have risen steadily through this period, and employment has not changed by a whole lot.
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