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US ethanol exports rose 4% in August to 141.2 million gallons, with Canada the top buyer. DDGS exports hit a three-year high of 1.12 million tons, up 2% from July.
Higher DDGS export flows absorb domestic supply and support DDGS prices, while ethanol export growth supports corn demand.
brownfieldagnews.comJohn PerkinsOct 8, 2024Not enough comparable past events yet for a historical read.
After 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.
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.
