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U.S. ethanol and DDGS exports both declined in November, according to RFA analysis. Ethanol exports were 81.4 million gallons, and DDGS exports fell 9% to the lowest volume since May 2020.
Weaker DDGS export demand reduces outlets for the feed co-product, which is bearish for DDGS prices.
energy.agwired.comJan 9, 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.
