Loading…
U.S. ethanol exports fell 7% from June to July to 136 million gallons, with declines to the UK, India and the EU. DDGS exports rose 16% month on month to 1.09 million tons, led by Mexico.
Year-to-date ethanol exports were on record pace at 1.1 billion gallons.
A 16% monthly rise in DDGS exports supports demand for U.S. feed co-products and tightens near-term export supply. The ethanol decline is a minor offset.
brownfieldagnews.comJohn PerkinsSep 4, 2024Not 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.
