Loading…
FAPRI's 2021 U.S. Agricultural Market Outlook projects higher demand for mid-level ethanol blends such as E15, a recovery in ethanol net returns, and rising exports over the next decade. It also says gasoline use will not return to pre-pandemic levels by 2030.
Projected growth in ethanol demand supports long-run corn use, though the impact on near-term prices is limited.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% 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.