◂ Event Timeline

Jul 2, 2021TRADEUS

Global Sales of U.S. Ethanol Lose Momentum in May while U.S. DDGS Exports Post Big Gains

US ethanol exports fell 38% in May to 70.4 million gallons, the lowest monthly volume in a year. US DDGS exports rose 21% in May to over 1 million metric tons, with Mexico taking a quarter of shipments.

WHY IT MATTERS

Strong DDGS export demand, especially from Mexico, tightens feed co-product supply and supports DDGS prices, while weaker ethanol exports reduce demand for corn used in ethanol.

AFFECTSDDGS▲Corn◆

SOURCE
ethanolrfa.orgRenewable Fuels AssociationJul 2, 2021

Price reaction & history

DDGS▲bullish

Not enough comparable past events yet for a historical read.

Corn◆neutralSO FAR1d -1.9%5d -4.2%20d -11.6%

After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.

Sep 3, 2020Sales of U.S. Ethanol Lose Momentum in July while U.S. DDGS Exports Post Big Gains+0.1%
Sep 6, 2023U.S. Exports of Ethanol and DDGS Gain Momentum in July-1.3%
Jul 6, 2023U.S. Exports of Ethanol Ebbed while DDGS Rallied in May-0.0%
Feb 5, 2020December Global U.S. Ethanol Sales were Invigorated while DDGS Exports Subsided-1.1%
Dec 4, 2020October U.S. Ethanol Global Sales Burst Back to Pre-Pandemic Levels while U.S. DDGS Exports Moderate-0.7%

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.

DDGS DDGS · GP ▸

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Corn CORN · GP ▸

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