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(The opinions expressed here are those of the author, a market analyst for Reuters.)
By Karen Braun
FORT COLLINS, Colo., Feb 4 (Reuters) - Bud Light's advertisement about beer and corn syrup on Sunday night during the Super Bowl angered corn farmers and surprised many others with the fact that beer would be linked with the sweetener.
In a one-minute commercial during the National Football League championship game, Bud Light shamed competitor Molson Coors Brewing Co for its Miller Lite and Coors Light brews containing corn syrup.
U.S. corn farmers immediately felt attacked by the ad, which was one of several commercials parent company Anheuser-Busch InBev reportedly spent more than $50 million to air during the game.
Amid Sunday’s backlash, Anheuser-Busch said it “fully supports” corn growers and will continue to invest in the industry.
While Bud may be the king of beers, the United States is the largest producer and exporter of corn in the world. And corn farmers, mainly located in the Midwest, are historically fans of Bud Light beer.
Ingredients posted online show that Bud Light contains water, barley, rice and hops. Competitors Coors Light and Miller Lite both use the same basic ingredients as Bud, though they swap rice with corn. Corn syrup and other sweeteners are used in fermenting in the beer-making process.
Miller Lite responded Sunday night by posting on Twitter "Hey Bud Light, thanks for including us in our first Super Bowl ad in over 20 years. You forgot two things though... we have more taste and half the carbs! #itsmillertime."
When it comes to corn, only a small percentage of the crop ends up in a beer mug with the vast majority feeding livestock or producing the alternative fuel ethanol.
The usage of U.S. corn for sweeteners and alcoholic beverages will combine for 1 billion bushels in 2018-19, according to the U.S. Department of Agriculture. But it must be broken down further than that.
USDA projects that 390 million bushels of U.S. corn will be used this year in the production of glucose syrup and dextrose, which includes but is not limited to corn syrup. That is 2.6 percent of the 15 billion bushels of predicted corn usage, including exports.
Corn syrup is commonly used in products such as table syrups, jams, jellies, and canned fruits and vegetables.
A record high 150 million bushels, or 1 percent of the total use, is scheduled for direct use in alcoholic beverage production, including spirits and liquors.
High-fructose corn syrup (HFCS), which has become controversial over its linkage to a number of health problems, will use 460 million bushels of U.S. corn during 2018-19. This is down nearly 17 percent from peak usage 19 years ago, and flat on the year, according to USDA.