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US ethanol exports in June were 111.9 million gallons, 1% below May, with Canada the top destination. DDGS exports totaled 949,904 metric tons, 1% below May and 6% below year-ago, though Mexico, Vietnam and Indonesia posted gains.
Steady DDGS export demand from Mexico and Southeast Asia supports US feed co-product prices. Weaker year-over-year volumes signal less export pull on the supply balance.
biofuelscentral.comredactoramexicoAug 17, 2023
ethanolrfa.orgRenewable Fuels AssociationAug 8, 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.
