◂ Event Timeline

Nov 4, 2020TRADEUS

September U.S. Ethanol Global Sales Moderate While U.S. DDGS Exports Leap to 5-Year High

US ethanol exports fell 23% in September to 77.2 million gallons, with Canada taking 42% of volume. US DDGS exports rose 14% to 1.16 million metric tons, the largest monthly volume in five years, led by strong Japanese and South Korean buying.

WHY IT MATTERS

Record-scale DDGS export demand tightens domestic feed co-product supply, supporting DDGS prices and competing with soymeal and corn for feed buyers.

AFFECTSDDGS▲Corn◆

SOURCE
ethanolrfa.orgRenewable Fuels AssociationNov 4, 2020

Price reaction & history

DDGS▲bullish

Not enough comparable past events yet for a historical read.

Corn◆neutralSO FAR1d +0.6%5d +1.8%20d +8.9%

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.

Dec 4, 2020October U.S. Ethanol Global Sales Burst Back to Pre-Pandemic Levels while U.S. DDGS Exports Moderate-0.7%
Feb 5, 2020December Global U.S. Ethanol Sales were Invigorated while DDGS Exports Subsided-1.1%
Jul 2, 2021Global Sales of U.S. Ethanol Lose Momentum in May while U.S. DDGS Exports Post Big Gains-4.2%
Feb 7, 2023Pace of U.S. Ethanol Sales Slows at Year End while DDGS Exports Rally-0.6%
Jan 7, 2021November U.S. Ethanol and DDGS Global Sales Moderate; China Returns as a Sizeable Ethanol Market+5.6%

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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