
US ethanol exports rose 2% in January to 198.1 million gallons, a nine-month high, led by India. Canada remained the top destination despite a 14% drop, while DDGS exports fell 24% to a 21-month low of 811,480 metric tons on mixed global demand.
A sharp drop in DDGS exports adds to feed supply pressure and weighs on DDGS prices. Strong ethanol exports to India support ethanol demand, which partly offsets this.
After 480 past neutral trade 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.