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US ethanol exports fell 3% from September to October to 143.5 million gallons but are running 35% ahead of 2023. DDGS exports rose 10% in October to 1.11 million tons, with Mexico at a three-month high and Colombia at a record.
Brazil maintains an 18% tariff on ethanol imports and took no US shipments.
Strong DDGS export demand from Mexico and Colombia supports US DDGS values, while Brazil's tariff limits ethanol outflows and keeps the export mix concentrated.
brownfieldagnews.comJohn PerkinsDec 5, 2024brownfieldagnews.comJohn PerkinsDec 5, 2024After 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.
