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Correction: US Corn Use for Ethanol, Soybeans for Biodiesel Left Unchanged in June Report, USDA Says

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(Corrects marketing year in the 1st paragraph.)

Ethanol makers will use 5.6 billion bushels of corn in the 2026-2027 marketing year that started on Sept. 1, the US Department of Agriculture forecast in a monthly report Thursday.

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

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

Biodiesel makers will use 17.8 billion pounds of soybean oil in the 2026-2027 marketing year, which began Oct. 1. That's unchanged from the May outlook, and higher than the 14.6 billion pounds used in the 2025/2026 marketing year.

The USDA estimated US soybean oil ending stocks for 2026/2027 at 1.88 billion pounds, down from 1.90 billion pounds in May.

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