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The USDA reported that 438.4 million bushels of corn went to fuel alcohol production in September, up from 435.6 million bushels a year earlier. The figure comes from the monthly grain crushings report.
Steady year-on-year growth in ethanol corn use supports the corn demand baseline and tightens the balance sheet at the margin. The effect on corn prices is modest unless it continues alongside weak export demand.
newsquawk.comNov 2, 2026After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% 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.
