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Brownfield reports U.S. ethanol exports remain on record pace, with September shipments at 148.5 million gallons, up 5% from August. Canada took the top slot for the 42nd month, and DDGS exports fell to a three-month low of 1.01 million tons.
Year-to-date DDGS exports are 9.1 million tons, up 13%.
Strong ethanol export flows support domestic corn demand. The DDGS decline adds to the mixed signal for feed co-product demand.
brownfieldagnews.comJohn PerkinsNov 5, 2024After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% 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.
