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June Soybean Crush for Crude Oil Rose, Corn Crushed for Ethanol Dropped, USDA Says

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The US Department of Agriculture reported on Monday an increase in June's soybean crush for crude oil, while less corn was used for ethanol.

In its Fats and Oils: Oilseed Crushings, Production, Consumption and Stocks report, the USDA pegged soybean crush for crude oil at 6.53 million metric tons, or 218 million bushels, compared with 6.39 mmt, or 213 million bushels, in May 2026 and 5.91 mmt, or 197 million bushels, in June 2025.

Crude oil produced was 2.53 billion pounds, up 3% from May 2026 and up 8% from June 2025. Soybean oil production, once refined, was 2.02 billion pounds during June 2026, up 5% from May 2026 and up 12% from June 2025.

In the Grain Crushings and Co-Products Report on Monday, total corn consumed for alcohol and other uses was 520 million bushels in June 2026.

Total corn consumption was down 1% from May 2026 but up 5% from June 2025. June 2026 usage included 92.2% for alcohol and 7.8% for other purposes.

Corn for fuel alcohol, at 467 million bushels, was down 1% from May 2026 but up 4% from June 2025.

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