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EIA weekly data showed ethanol production up 6%, stocks down 4% and exports up 17% in the latest week. The figures point to firmer ethanol demand and tighter inventories.
Higher production and exports support corn grind demand, though tighter stocks are a mild positive for ethanol-linked corn use.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
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.