International Corn Market

02-Apr-2025 08:05 AM

International Corn Market
According to the monthly Grain Crushing data released by NASS for the month of February, a total of 421.2 million bushels (mbu) of corn were used for ethanol production. This was 10% lower than the revised total for January (which was 10.5 mbu higher) and 5.44% lower than the same month last year (which had 29 days). The total volume for the marketing year has reached 2.754 billion bushels (bbu), which is 1.31% higher than the same period last year.
According to StoneX, Brazil's first corn production is estimated to be 25.6 million metric tons (MMT), which is 0.63 MMT lower than their previous estimate, while the second crop estimate has been reduced by 0.51 MMT to 101.62 MMT.