Loading…
U.S. ethanol exports rose 31% in November to 187.6 million gallons, led by strong gains in the EU, UK, Colombia and the Philippines. U.S. DDGS exports fell 15% in November to 946,804 metric tons, although shipments to some markets held up.
Softer DDGS export volumes reduce demand for a feed co-product that competes with corn and soybean meal, which can pressure DDGS prices. Strong ethanol export demand supports plant run rates and corn grind.
ethanolrfa.orgJan 7, 2025Not 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.
