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USDA data show US corn use for ethanol in September rose 0.6% year on year to 438 million bushels, matching Argus's projection. Argus estimates September ethanol output rose 0.4% to 31.7 million barrels, while sorghum use fell 28%.
Steady ethanol grind supports corn demand, though a first year-on-year drop in October ethanol output (down 3.3% per Argus) and lower sorghum use may soften the demand outlook and weigh slightly on corn and sorghum prices.
worldports.orgLinh NguyenNov 3, 2026After 768 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.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
