USDA released the October Grain Crushings report today; total corn use for fuel alcohol was up 16 percent from October 2020, and up 15 percent from September. Ethanol production in October was a record. For the first two months of the marketing year, ethanol use of corn is 876.83 million bushels, up 4.8 percent over the same period in 2020.
Meanwhile, ethanol production remained strong through the first three weeks of November. For the September-November period (MY Q1) ethanol production is running 101 percent of the same period in 2019, and 108 percent of 2020.
As we reported on 1 November, EIA is forecasting CY 2022 at an average of 1 million barrels per day. That compares to 1.03 million barrels per day in CY 2019.  ...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...
