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U.S. ethanol exports fell 17% from September to October to 83.8 million gallons, with Canada taking more than half. DDGS exports were 798,100 tons, down 9% on the month, and imports were 16 million gallons, all from Brazil.
Weaker export pace for both ethanol and DDGS points to softer co-product demand, pressuring DDGS values for feed buyers. A strong dollar is cited as a headwind for U.S. exports.
brownfieldagnews.comDec 6, 2022Not 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.
