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Corn, Soybean Use Amounts by US Biofuels Makers Left Unchanged in August, USDA Says

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Ethanol makers will use 5.6 billion bushels of corn in the 2026/27 marketing year that started on Sept. 1, the US Department of Agriculture forecast in a monthly report Wednesday.

That's unchanged from the July outlook for 5.6 billion bushels.

Total US corn use for 2026/27 is forecast at 16.33 billion bushels. That's above last month's outlook of 16.25 billion.

Biodiesel makers will use 17.8 billion pounds of soybean oil in the 2026/27 marketing year, which began on Oct. 1. That's unchanged from the July outlook and higher than the 14.7 billion pounds used in the 2025/26 marketing year.

The USDA estimated US soybean oil 2026/27 ending stocks at 1.88 billion pounds, unchanged from July.

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