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US ethanol exports in November fell 10% month on month to 113.6 million gallons but were 6% above a year earlier. DDGS exports fell 3% to 927,604 metric tons, with China returning as a buyer of both products.
Steady export demand for DDGS supports feed-ingredient prices. The return of China as a buyer adds some support to the export outlook.
ethanolrfa.orgRenewable Fuels AssociationJan 7, 2021Not enough comparable past events yet for a historical read.
After 480 past neutral trade 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.
