Loading…
US ethanol exports fell 15% in April to 112.7 million gallons, with China's imports cut 76% while South Korea hit a 27-month high. US DDGS exports declined 2% to 862,736 mt, with Mexico remaining the top buyer for a seventh month.
Softer DDGS export pace trims demand for a feed co-product that competes with corn and soymeal in rations, modestly pressuring DDGS values.
ethanolrfa.orgRenewable Fuels AssociationJun 8, 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.
