May corn for ethanol mixed, soybean crush up

Corn for ethanol use during May sent mixed signals.

The USDA says 437.541 million bushels of corn were used for ethanol production, up 6% from April as some plants resumed operation following seasonal maintenance, but down 2% from May 2022 on questions about sustained demand.

Production of distillers dried grains with solubles was 1,702,061 tons, an increase of 5% from the previous month, but a decrease of 10% from the prior year.

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