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The Renewable Fuels Association reported that U.S. ethanol exports in November fell to 81.4 million gallons, a three-month low. DDGS exports fell 3% to 728,409 tons, with Mexico, South Korea and Vietnam as the largest buyers.
Lower DDGS export volumes signal softer overseas feed demand, which pressures DDGS prices and supports a bearish outlook for the co-product.
brownfieldagnews.comJan 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.
