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The U.S. ethanol industry exported 1.24 billion gallons in 2021, the fifth-largest volume on record. December exports fell 21% from November to 117.9 million gallons, with Canada remaining the top destination.
U.S. DDGS exports declined 8% in December to 933,882 metric tons as shipments to Mexico waned, while South Korea and Vietnam rose.
Softer December DDGS shipments, led by lower Mexican demand, add modest supply pressure on feed co-product prices, though strong full-year volumes support the export outlook for DDGS.
ethanolrfa.orgRenewable Fuels AssociationFeb 8, 2022Not enough comparable past events yet for a historical read.
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.
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.
