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U.S. ethanol exports rose 1% in July to 113.4 million gallons, with Canada taking 55%. DDGS exports reached 993,018 metric tons, the largest monthly total in a year, with Mexico remaining the top market.
Strong DDGS export demand supports ethanol co-product prices and tightens domestic feed supply, a modestly bullish signal for DDGS.
energy.agwired.comSep 7, 2023
ethanolrfa.orgSep 6, 2023
mnbiofuels.orgLiliana TovarSep 6, 2023After 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.
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.
