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Tight Corn Supply Affecting Market

September 23, 2013

BY Sean Broderick

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EIA: US biofuel feedstock consumption expands in July

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By Erin Krueger

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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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Old crop soybean stocks in all positions as of Sept. 1 were at 315 million bushels, down 3% when compared to the same period of 2025, according to the USDA’s latest quarterly Grain Stocks report, released Sept. 30.

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The USDA on Sept. 29 announced increased financial assistance for the Regenerative Pilot Program from $700 million to $1 billion in fiscal year 2027, providing more producers with the opportunity to adopt conservation systems.

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