Loading…
The U.S. Grains Council led a trade mission to Brazil to study corn ethanol market potential and U.S. ethanol logistics at northeastern ports. A separate group visited Sonora, Mexico to promote higher DDGS use among swine, poultry and cattle producers.
Promotion efforts aim to expand DDGS demand in Brazil and Mexico, but the effect on prices is gradual and modest.
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.