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The U.S. Grains Council described growing ethanol demand in Europe, where higher-priced gasoline widens the spread to E5, E10 and E85 blends. The region took 16% of US ethanol exports in the 2021/22 marketing year, about 196 million gallons.
Rising European ethanol demand supports US ethanol export flows, which can add to ethanol plant output and indirectly affect DDGS supply. The effect on feed commodity prices is limited.
grains.orgesuttonJun 9, 2022Not enough comparable past events yet for a historical read.
After 1,982 past trade events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +1.6%), and +0.4% over 20.
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.
