◂ Event Timeline

Dec 4, 2020TRADEUS

October U.S. Ethanol Global Sales Burst Back to Pre-Pandemic Levels while U.S. DDGS Exports Moderate

US ethanol exports in October rose 64% to 126.5 million gallons, the largest since March, with record shipments to the Netherlands and Norway. US DDGS exports fell 18% in October to 951,500 metric tons, though Mexico nearly doubled its purchases.

WHY IT MATTERS

Lower DDGS export volumes reduce demand for US co-products and may tighten domestic DDGS supply, while stronger ethanol exports support plant margins and corn grind.

AFFECTSDDGS▼Corn◆

SOURCE
ethanolrfa.orgRenewable Fuels AssociationDec 4, 2020

Price reaction & history

DDGS▼bearish

Not enough comparable past events yet for a historical read.

Corn◆neutralSO FAR1d -0.8%5d -0.7%20d +7.1%

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.

Nov 4, 2020September U.S. Ethanol Global Sales Moderate While U.S. DDGS Exports Leap to 5-Year High+1.8%
Jul 2, 2021Global Sales of U.S. Ethanol Lose Momentum in May while U.S. DDGS Exports Post Big Gains-4.2%
Feb 5, 2020December Global U.S. Ethanol Sales were Invigorated while DDGS Exports Subsided-1.1%
Sep 3, 2020Sales of U.S. Ethanol Lose Momentum in July while U.S. DDGS Exports Post Big Gains+0.1%
Dec 7, 2017U.S. ethanol, DDGS exports up in October+2.9%

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.

DDGS DDGS · GP ▸

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Corn CORN · GP ▸

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