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“Corn usage for ethanol in May ’26 jumped nearly 10% from the previous month to 472 mil. bu. This was above expectations and 6% above May ’25. Through the first nine months of the 2025-26 MY, corn usage has reached 4.127 bil. bu., up 1.3% from YA vs. the USDA forecast of up 2.6%,” Soderberg said. “To reach the current USDA estimate, usage in Q4 will need to reach 1.448 bil. bu. up 5.8% from YA.”
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“The USDA Planted Acreage Report stated that planted corn acreage was at 95.34 million acres. This total was slightly above market expectation…
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