Corn International News
27-Nov-2025 08:35 AM
Corn International News
USDA’s backlog clearing continued on Friday, with the Export Sales report for the week ending October 16 being released. Analysts estimate corn bookings at 1.4–2.5 MMT for the current marketing year and 0.5–1 MMT for the next marketing year. In that week, USDA’s backlog of daily announcements recorded 1.59 MMT for 2025/26 and 548,640 MT for 2026/27.
Weekly EIA data released this morning showed ethanol production at 1.113 million barrels per day for the week ending November 21. This was 22,000 bpd higher than the previous week and near a record level. Ethanol stocks declined by 339,000 barrels to 21.968 million barrels. Ethanol exports dropped by 23,000 bpd to 122,000 bpd, while refiner inputs fell by 3,000 bpd to 885,000 bpd.