Loading…
US ethanol exports in May hit a record for that month at 154.4 million gallons, though down 28% from April. DDGS exports rose 4% to 1.01 million metric tons, with strong gains to the EU, Colombia and China.
Robust DDGS export flows absorb supply and support feed-grain demand, which underpins DDGS pricing against corn and soybean meal.
ethanolrfa.orgRenewable Fuels AssociationJul 3, 2024Not enough comparable past events yet for a historical read.
After 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.
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.
