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U.S. ethanol exports rose 56% in August to 80.48 million gallons, with Canada the top destination. U.S. DDGS exports rose 17% to 1.24 million metric tons, the highest since August 2015.
Stronger DDGS export demand tightens feed co-product supplies and supports DDGS prices. Corn demand from ethanol plants also benefits when exports recover.
ethanolrfa.orgOct 5, 2021
mnbiofuels.orgLiliana TovarOct 6, 2021Not 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.
