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U.S. ethanol exports fell 3% in November to 81.4 million gallons, a three-month low and about 40% below a year earlier, with Canada taking 59% of shipments. U.S. DDGS exports dropped 9% to 728,409 metric tons, the lowest since May 2020.
Weaker DDGS export demand from key buyers such as Mexico, South Korea and Vietnam adds supply pressure on the feed co-product market.
ethanolrfa.orgJan 5, 2023Not 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.
