
U.S. ethanol production hit a new all-time weekly high of 1.031 million barrels per day, according to EIA data, marking the fourth record of the year. Ethanol exports rose to 191,000 barrels per day and stocks fell by 157,000 barrels on the week.
Record ethanol output means strong grind demand for corn, which supports corn prices at the margin. Co-product DDGS supply rises with the same runs, which can weigh on feed prices.
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.