# Corn Use for Ethanol Update - farmdoc daily

> USDA reduced its corn-for-ethanol projection by 150 million bushels since the September WASDE, now at 5.5 billion bushels. Corn use for ethanol was down 4% in the first half of the marketing year, and the author expects continued weakness before summer driving season.

- Date: 2019-04-29 · published 2019-04-29T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/59596-corn-use-for-ethanol-update-farmdoc-daily
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Lower ethanol grind reduces corn demand and co-product DDGS output is expected to stay ample, which is bearish for corn and DDGS prices unless gasoline demand or exports strengthen.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-06-03 | [Corn use for ethanol and soy for biodiesel fall due to season maintenance  : The Daily Digest](https://feedsoft.ai/events/29868-corn-use-for-ethanol-and-soy-for-biodiesel-fall-due-to-season-maintenance-the.md) | -1.6% | -6.0% |
| CORN | 2018-09-17 | [Record Corn Yield Forecast Weakens Corn Prices - farmdoc daily](https://feedsoft.ai/events/63055-record-corn-yield-forecast-weakens-corn-prices-farmdoc-daily.md) | +3.1% | +4.7% |
| CORN | 2017-05-15 | [2017-18 Market Prospects for Corn and Soybeans - farmdoc daily](https://feedsoft.ai/events/70852-2017-18-market-prospects-for-corn-and-soybeans-farmdoc-daily.md) | +0.5% | +3.5% |
| CORN | 2024-05-14 | [Sizing Up Potential Downside Risk for New-Crop Corn and Soybean Prices - farmdoc daily](https://feedsoft.ai/events/30287-sizing-up-potential-downside-risk-for-new-crop-corn-and-soybean-prices-farmdoc.md) | +0.5% | +4.8% |
| CORN | 2017-04-11 | [USDA: More corn for ethanol, less for feed, ending stocks unchanged](https://feedsoft.ai/events/71443-usda-more-corn-for-ethanol-less-for-feed-ending-stocks-unchanged.md) | -1.1% | +0.9% |

## Sources

- origin.farmdocdaily.illinois.edu: https://origin.farmdocdaily.illinois.edu/2019/04/corn-use-for-ethanol-update.html

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