
EIA data show US ethanol production averaged 1.089 million barrels per day, down 28,000 on the week due to high temperatures reducing plant efficiency but up 17,000 year over year. Ethanol stocks rose 323,000 barrels to 25.121 million, and Iowa plant margins remain positive.
Steady production and positive margins support ongoing corn grind and DDG output. Heat-related efficiency losses are a minor short-term drag on supply.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.