Loading…
US ethanol exports fell 3% in October to 117.1 million gallons, with Canada again the largest destination. DDGS exports dropped 13% to 896,708 metric tons, and year-to-date DDGS exports are 4% behind last year.
Reduced DDGS export demand increases domestic co-product availability, which can weigh on DDGS feed prices.
Not 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.