
US ethanol exports started 2022 at 123.8 million gallons, up 5% from December but 25% below the record January 2021 level. DDGS exports rose 16% in January to 1.09 million metric tons, the largest January volume on record.
Strong DDGS export volumes tighten available supply for domestic feed buyers and support DDGS prices relative to corn. Ethanol export flows are a secondary driver for corn demand.
After 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.