November corn grind, soybean crush down on month, year

November corn grind, soybean crush down on month, year

The USDA says fewer bushels of corn were used for ethanol production in November. That is in-line with declining U.S. ethanol demand and tighter margins for ethanol plants.

447.397 million bushels of corn were used for ethanol production in November, 1% less than October and 4% below November 2021, while production of distillers dried grains with solubles was reported at 1,778,479 tons, an increase of 2% on the month, but a decrease of 11% on the year.