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The USDA recently released its Grain Crushings and Co-Products Production report for June, reporting that corn use for fuel ethanol in April was down when compared to the previous month, but up when compared to April of last year. Total corn consumed for alcohol and other uses was 475 million bushels in April, down 6%

Chicago soybean, corn and wheat futures edged lower on Wednesday, with corn setting another 2025 low, as a ceasefire between Iran and Israel put the focus back on ample expected supply in the United States and worldwide. Losses were more modest than a day earlier as crude oil steadied and investors awaited comments from the U.S. Federal Reserve’s chief later on Wednesday. Grain traders are also turning their attention towards U.S. grain stocks and planting data due on Monday that are among the most closely tracked estimates in the market. The most-active corn contract on the Chicago Board of Trade was down 0.8% at $4.12-3/4 a bushel. It earlier fell to its lowest since Nov. 1 at $4.12-1/2, marking the latest in a series of 2025 lows for corn this month. CBOT soybeans were down 0.3% at $10.31-1/2 per bushel to fall for a fourth session. CBOT wheat eased 0.5% to $5.49-1/2 a bushel to drop for a third day. “For corn and soybeans, current weather conditions across the U.S. Corn Belt ...

Corn production in Mexico is projected to increase 6.5 per cent in 2025/26, the United States Department of Agriculture attaché in Mexico City reported. Meanwhile, the country’s imports are expected to dip 1.4 per cent. The attaché forecast Mexico’s total corn output at 24.50 million tonnes in 2025/26, up from 23 million the previous year.