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USDA lowers forecast for 2022-'23 corn use in ethanol production

February 9, 2023

BY Erin Krueger

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USDA: October WASDE increases forecast for 2026-’27 corn use in ethanol

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By Erin Krueger

October 09, 2026

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The USDA expanded its forecast for 2026-’27 corn use in ethanol in its latest World Agricultural Supply and Demand Estimates report, released Oct. 9. The forecast for season-average corn prices was revised down.

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The USDA on Oct. 9 released its latest Crop Production report, increasing its forecasts for 2026 corn production and corn yields. The agency also increased its 2026 forecasts for sorghum production and yields.

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The USDA on Oct. 6 announced a $180 million investment to launch the USDA’s Seed Sovereignty Initiative, a major effort to both strengthen U.S. agricultural security by protecting the plant genetic resources and enabling ag innovation.

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According to the USDA, President Trump’s executive order that lifts taxes on dyed-diesel is expected to represent approximately $640 million in combined federal and state savings across about 224.6 million harvested acres.

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U.S. biofuel producers consumed 31.275 billion pounds of feedstock in July, up nearly 3% when compared to June and up nearly 7% when compared to July 2025, according to data released by the U.S. Energy Information Administration on June 30.

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