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US ethanol exports rose 6% in July to 107.2 million gallons, the tenth straight month above 100 million gallons, with Canada remaining the largest buyer. DDGS exports rose 5% to a six-month high of 1.06 million metric tons, with Mexico returning as the largest market.
Strong DDGS export demand tightens available supply for feed buyers and supports DDGS prices, while firm ethanol exports signal healthy plant margins and co-product output.
energy.agwired.comSep 8, 2022
ethanolrfa.orgSep 7, 2022After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
Not 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.
