# Soybean crush and corn-for-ethanol demand both fall in September; wheat loses upward momentum

> September data showed soybean crushing and corn use for ethanol both declined from August, pointing to weaker domestic industrial demand. Wheat rallied at the start of the session but faded and traded sideways.

- Date: 2026-11-02 · published 2026-11-03T07:36:56.870Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/77285-soybean-crush-and-corn-for-ethanol-demand-both-fall-in-september-wheat-loses
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower crush and ethanol grind reduce demand for soybeans, meal and corn just as harvest supply rises, which is bearish for prices. Weak wheat follow-through suggests limited buying support.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-03-08 | [USDA Raises Corn Demand for Exports and Ethanol](https://feedsoft.ai/events/65955-usda-raises-corn-demand-for-exports-and-ethanol.md) | -2.5% | -2.3% |
| SOY | 2023-09-29 | [It’s been a bad quarter for corn, soybean and wheat prices](https://feedsoft.ai/events/34143-it-s-been-a-bad-quarter-for-corn-soybean-and-wheat-prices.md) | -1.5% | -1.6% |
| SOY | 2021-11-30 | [Falling demand for soybean meal expected in EU — Latifundist.com](https://feedsoft.ai/events/12233-falling-demand-for-soybean-meal-expected-in-eu-latifundist-com.md) | +1.6% | +9.5% |
| SOY | 2019-11-12 | [WASDE Lowers Wheat, Corn and Soybean Forecasts \| AgWired](https://feedsoft.ai/events/56021-wasde-lowers-wheat-corn-and-soybean-forecasts-agwired.md) | +0.6% | -0.4% |
| SOY | 2024-01-15 | [Bearish Surprises for Corn and Soybeans in Latest WASDE Report](https://feedsoft.ai/events/32062-bearish-surprises-for-corn-and-soybeans-in-latest-wasde-report.md) | +1.5% | -1.1% |
| CORN | 2024-10-15 | [October WASDE: Top takeaways for corn, soybeans and wheat](https://feedsoft.ai/events/27804-october-wasde-top-takeaways-for-corn-soybeans-and-wheat.md) | -0.1% | +2.6% |
| CORN | 2024-01-15 | [Bearish Surprises for Corn and Soybeans in Latest WASDE Report](https://feedsoft.ai/events/32062-bearish-surprises-for-corn-and-soybeans-in-latest-wasde-report.md) | +0.8% | -4.7% |
| 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% |

## Sources

- brain.baselify.vn: https://brain.baselify.vn/hot-news/-521-nhu-cau-ep-dau-dau-tuong-va-ngo-ethanol-thang-9-cung-giam-lua-mi-mat

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