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US ethanol production rose 2.2% in the week ending October 23 to a 13-week high of 1.12 million barrels per day, according to EIA data. The rise came as ethanol demand fell.
Higher ethanol output means more DDGS and corn use in processing, but falling demand pressures ethanol prices and could weigh on corn grind margins.
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.