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U.S. ethanol exports for 2021 topped 1.2 billion gallons, the fifth-largest on record. DDGS exports reached 11.6 million tons, the third-largest annual volume, with December shipments down 8% on the month, mainly to Mexico, South Korea and Vietnam.
A strong annual DDGS export year supports demand for U.S. feed co-products, while the monthly decline is a minor softening that keeps DDGS prices supported.
brownfieldagnews.comFeb 8, 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.
