“Corn used for ethanol in March ’26 at 474 mil. bu. was up 10% from Feb. ’26 and up 4.8% YOY. In the first seven months of the 2025/26 MY usage has reached 3.225 bil. up .6% from YA vs. USDA forecast of up 3%. To reach the USDA forecast, April through Aug. ’26 usage will need to reach 475 mil. bu. per month, up 6.2% from YA,” Mark Soderberg of ADM Investor Services said.
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