# Domestic usage supports farmers | Market Columns | leadertelegram.com

> Market commentary notes that US ethanol margins have reached as high as 80 cents, unusual with corn above $5. Soybean crush margins are near $2 as demand for meal and oil stays strong. USDA projects higher domestic usage this year for both ethanol and soybean crush.

- Date: 2021-12-06 · published 2021-12-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/43608-domestic-usage-supports-farmers-market-columns-leadertelegram-com
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong crush and ethanol margins lift demand for soybeans, meal and oil, and firm domestic usage could limit ending stock builds. This supports soy complex prices even with larger production.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- leadertelegram.com: https://www.leadertelegram.com/country-today/markets/market-columns/domestic-usage-supports-farmers/article_212d7e46-0691-5571-8b43-e955477ae938.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.