Corn-for-ethanol use totaled 449.4 million bu. in May, up 26.2 million bu. (6.2%) from April but 10.6 million bu. (2.3%) less than last year. Analysts expected corn-for-ethanol use of 447.4 million bushels.
Through the first nine months of 2024-25, corn-for-ethanol use totaled 4.080 billion bu., up 0.3% from the same period last year. To reach USDA’s forecast of 5.500 billion bu., ethanol use must run 0.7% above year-ago for the final three months of the marketing year.
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