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U.S. ethanol exports fell 21% in May to 147.1 million gallons from April's four-year high, though Canada hit its largest monthly volume in eight years. U.S. DDGS exports rose 19% to a four-month high of 966,108 metric tons, with Mexico up 83%.
Stronger DDGS export shipments tighten available supply for domestic feed users and support DDGS prices. Ethanol export softness has limited direct effect on feed markets.
ethanolrfa.orgRenewable Fuels AssociationJul 7, 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.
