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U.S. ethanol exports in November rose 43% from October to 149.4 million gallons, the largest month since March 2020. DDGS exports were 1.02 million tons, down 4% on the month, with Mexico taking a record volume.
Export strength supports ethanol and corn demand, and record Mexican DDGS buying tightens feed co-product availability for buyers.
brownfieldagnews.comJan 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.
