Loading…
India produced about 55.1 Mt of maize in 2025-26, and maize diverted to ethanol rose from 0.83 Mt in 2022-23 to 13.1 Mt in 2024-25. Ethanol now takes about a quarter of India's roughly 50 Mt grain consumption, while maize exports have roughly halved.
Rising ethanol absorption of Indian maize tightens domestic feed supply and reduces exportable surplus, a structural factor for regional maize and feed grain prices.
After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% 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.