◂ Event Timeline

Feb 3, 2026REPORTUS

November U.S. Ethanol Exports Were Second Highest on Record, DDGS Shipments Declined

US ethanol exports rose 14% in November to 211.3 million gallons, the second-highest month on record, led by record shipments to India. US DDGS shipments fell 13% in November to 933,557 mt.

WHY IT MATTERS

Strong ethanol export demand supports corn use, while weaker DDGS shipments point to softer feed co-product demand abroad.

AFFECTSCorn▲DDGS▼

SOURCE
mnbiofuels.orgLiliana TovarFeb 3, 2026

Price reaction & history

Corn▲bullishSO FAR1d +0.6%5d +0.6%20d +1.8%

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.

Feb 19, 2026December U.S. Ethanol Exports Surge Near Record as DDGS Demand Softens+0.6%
Dec 17, 2025US ethanol production at fresh record high, exports highest in over a year+1.1%
Feb 1, 2025U.S. Ethanol Production and Exports Hit Records in 2024, New Data Show+0.6%
Feb 24, 2026US Ethanol Exports Hit Record High in 2025 | CZ app+1.5%
Apr 7, 20212020 U.S. Ag Exports Second Highest on Record, Led by Soybeans, Corn and Pork to China | Farm Policy News | Illinois+2.8%

DDGS▼bearish

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.

Corn CORN · GP ▸

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DDGS DDGS · GP ▸

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