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U.S. ethanol production and stocks dipped in the latest week, with output averaging 1.082 million barrels per day. Ethanol stocks fell to a four-week low, and exports rose to 150,000 barrels per day.
Lower ethanol output and margins that have turned negative reduce near-term corn grind for ethanol, a modest bearish signal for corn demand and DDGS supply.
Not enough comparable past events yet for a historical read.
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.