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Estimates of 2026/27 Corn, Soybean Uses for Ethanol, Biodiesel Production Unchanged, USDA Says

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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 World Agricultural Supply and Demand Estimates report on Friday.

That's unchanged from the June outlook for 5.6 billion bushels. Total US corn use for 2026/27 is forecast at 16.25 bb, and above last month's outlook of 16.02 bb.

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

The USDA estimated US soybean oil 2026/27 ending stocks at 1.87 billion pounds, unchanged from the June outlook.

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