◂ Event Timeline

Feb 7, 2023TRADEUS

Pace of U.S. Ethanol Sales Slows at Year End while DDGS Exports Rally

US ethanol exports fell 9% in December to a 17-month low of 74.2 million gallons, with Canada taking about two-thirds of shipments. DDGS exports rose 22% month on month to 887,433 metric tons, a three-month high, with Mexico remaining the top buyer.

WHY IT MATTERS

A rebound in DDGS export demand tightens domestic co-product supply and supports DDGS values, while weaker ethanol exports signal softer ethanol demand for corn grind.

AFFECTSDDGS▲Corn◆

SOURCE
ethanolrfa.orgRenewable Fuels AssociationFeb 7, 2023

Price reaction & history

DDGS▲bullish

Not enough comparable past events yet for a historical read.

Corn◆neutralSO FAR1d -0.4%5d -0.6%20d -4.4%

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.

Feb 7, 2024Pace of U.S. Ethanol and DDGS Export Sales Accelerates at Year-End-1.1%
Feb 8, 2022Global U.S. Ethanol and DDGS Export Pace Slows at Year End+1.9%
Jul 6, 2023U.S. Exports of Ethanol Ebbed while DDGS Rallied in May-0.0%
Sep 7, 2022U.S. Exports of Ethanol and DDGS Pick Up the Pace in July+3.3%
Sep 3, 2020Sales of U.S. Ethanol Lose Momentum in July while U.S. DDGS Exports Post Big Gains+0.1%

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.

DDGS DDGS · GP ▸

——— · ·

Corn CORN · GP ▸

——— · ·

Loading…