The Alliance for Green Heat just tested several pellet from different companies. The results showed little difference other than color except for the corn product. They are interested in feedback on the usefulness and need for more testing like this.
http://forgreenheat.blogspot.com/2016/01/review-of-wood-pellets-for-btu-moisture_11.html
http://forgreenheat.blogspot.com/2016/01/review-of-wood-pellets-for-btu-moisture_11.html