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The RFA reported that 1.334 billion gallons of U.S. ethanol, about 10% of output, were exported in 2020 to 90 countries. Distillers grains exports totaled 10.958 million mt, and a record 38% of U.S. distillers grains production was shipped abroad.
A record share of DDGS output going abroad tightens domestic feed supply and supports export-linked DDGS demand, though the ethanol export volume fell 9% year on year.
energy.agwired.comFeb 16, 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.
