The USDA reported that US corn used for fuel ethanol reached 438.42 million bushels in September 2026, about 9% below August and 1% above September 2025. Total corn processing was 485 million bushels, down 8% from August.
Ethanol industry co-product output also declined.
A month-on-month drop in ethanol grind and co-product output trims corn demand and DDGS supply, a modestly bearish influence on corn and DDGS prices.
Not enough comparable past events yet for a historical read.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.