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US ethanol exports rebounded 30% in September to 100.4 million gallons, with Canada remaining the largest importer. DDGS exports fell 11% to a five-month low of 877,745 metric tons, with declines to Canada, Indonesia and Colombia.
Lower DDGS export volumes mean more co-product remains in the domestic market, adding supply pressure on DDGS prices and reducing the feed value of the export channel for US ethanol plants.
ethanolrfa.orgRenewable Fuels AssociationNov 3, 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.
