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U.S. ethanol exports totaled 1.31 billion gallons in the 2020/21 marketing year, the fifth-highest on record and down 8% from the prior year. Canada remained the top market, with India second and South Korea third.
Export volumes that are down year on year signal softer ethanol demand, with limited direct effect on feed prices.
grains.orgMar 10, 2021Not enough comparable past events yet for a historical read.
After 1,982 past trade events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +1.6%), and +0.4% 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.
