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The RFA reported 2021 ethanol exports of 1.24 billion gallons, 5% below 2020 but the fifth-largest on record, valued at $2.77 billion. Distillers grains exports totaled 11.6 million metric tons, the third-largest annual volume, with a record $3 billion value.
Record distillers grains export value and solid volumes indicate firm global feed demand for DDGS, supporting prices against domestic corn costs.
energy.agwired.comFeb 9, 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.
