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EIA final data confirmed ethanol made up a record 10.34% of US gasoline in 2021. US ethanol output reached 15.02 billion gallons, up 8% from 2020, with domestic consumption up 10%.
Record ethanol blending and output sustain corn grind demand and DDGS supply, supporting the corn complex. The report confirms structural demand rather than introducing a new price shock.
ethanolrfa.orgRenewable Fuels AssociationMar 1, 2022After 1,040 past bullish report events, CORN moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% 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.
