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US ethanol exports slowed 6% in September to 75.84 million gallons, with Canada the top destination. DDGS exports fell 31% to a seven-month low of 853,751 metric tons, with sales to Mexico, Vietnam and South Korea shifting.
Weaker DDGS export demand adds to domestic feed supply, which pressures DDGS and modestly weighs on corn feed demand.
ethanolrfa.orgNov 4, 2021Not enough comparable past events yet for a historical read.
After 770 past neutral report 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.
