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US ethanol exports declined for a second month, falling 7% to 139 million gallons in February. DDGS exports rose 9% to 986,337 tons, with Mexico the leading buyer, and year-to-date DDGS exports are up 23%.
Robust DDGS export demand, especially from Mexico, supports feed-ingredient prices and US corn-processing demand.
brownfieldagnews.comApr 4, 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.
