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US ethanol exports slipped 12% in April to 172.3 million gallons, with Canada remaining the top destination. US DDGS exports fell 13% to 894,197 metric tons, with Mexico down 19% after a strong March.
South Korea rose 12% to a 7-month high.
Lower US DDGS export volumes reduce demand for a key feed co-product and can weigh on DDGS prices. Mexico's pullback is the main drag for feed buyers.
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.