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A roundup of April 2023 ethanol industry news covers calls to reassess US-Brazil trade over ethanol, USDA expanding Margin Protection coverage for corn and soybean farmers, and a Mexican ethanol delegation visit. It also notes that US ethanol and distillers grains exports fell in February.
Trade disputes and export declines for distillers grains bear on DDGS demand, while expanded farm insurance has little direct price effect. The mix of items gives limited single-factor price direction.
biomassmagazine.comApr 7, 2023Not 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.
