
USDA data showed corn used for fuel alcohol reached 438.4 million bushels in September, up from 435.6 million a year earlier. Private exporters also reported sales of 136,000 tonnes of soybeans to China and 1.73 million tonnes of corn to Mexico for 2026/27.
Steady ethanol grind supports domestic corn demand and slightly tightens the corn balance, a small supportive factor for corn prices. The modest year-on-year gain is routine rather than a shift in the market.
After 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.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), 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.