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U.S. ethanol exports rose 48% from December to a record 164.6 million gallons in January, led by India and China. U.S. DDGS exports rose 9% month on month to 916,541 metric tons but remained 6% below year-ago levels.
Strong overseas demand for U.S. DDGS supports export-driven prices, although year-on-year volumes remain softer.
ethanolrfa.orgRenewable Fuels AssociationMar 9, 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.
