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According to the Renewable Fuels Association, U.S. DDGS exports rose 2% in June, with shipments to Mexico up 10%, Indonesia up 22% to a record 166,925 metric tons, and Vietnam up 19% to 134,284 metric tons. Exports to South Korea fell 20% to 110,555 metric tons.
Strong demand from Southeast Asia and Mexico supports U.S. DDGS export prices, while the drop to South Korea partly offsets that support.
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.