
Pro Farmer's evening report covered July U.S. ethanol exports, which fell 5% from June to 164.4 million gallons but were 28% higher year over year. It also reported DDGS exports rising 15% in July to 1.06 million metric tons.
The report also noted expectations for a weak U.S. jobs report that could lock in a Federal Reserve rate cut.
Rising DDGS export demand supports DDGS prices for feed buyers. The expected Fed rate cut could weaken the dollar, which tends to support U.S. commodity export competitiveness.
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.