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U.S. ethanol exports in November 2021 rose 43% to 149.4 million gallons, the highest in about ten months, with Canada remaining the top destination. U.S. DDGS exports eased 4% to 1.02 million metric tons, though shipments to Mexico hit a record monthly volume.
Strong ethanol export demand supports ethanol output and corn grind, while record DDGS flows to Mexico tighten feed co-product supply for domestic livestock buyers.
ethanolrfa.orgJan 6, 2022After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% 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.
