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U.S. ethanol production rose to 1.117 million barrels per day, the highest since mid-April, according to EIA data. Stocks rose and Gulf supplies tightened on solid export demand, and the Iowa operating margin remained positive.
Higher ethanol output increases corn grind and co-product supply. Solid margins suggest plants will keep running, supporting corn demand.
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.