# Analysis: COVID-19 Pandemic Weighed On 2019/2020 Global Ethanol Trade - U.S. Grains & BioProducts Council

> USGC reports that US ethanol exports fell 12% year-over-year in the 2019/20 marketing year as COVID-19 stay-at-home orders hit fuel demand. Industrial-use markets partly offset losses, with exports down in all top 10 fuel ethanol markets.

- Date: 2020-11-19 · published 2020-11-19T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/50136-analysis-covid-19-pandemic-weighed-on-2019-2020-global-ethanol-trade-u-s-grains
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Weaker global ethanol demand reduces corn grind and co-product output, a mildly bearish factor for corn and DDGS.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-11-14 | [Market Perspectives – November 14, 2019 - Page 6 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/56173-market-perspectives-november-14-2019-page-6-of-10-u-s-grains-and-bioproducts.md) | -0.9% | -2.6% |
| CORN | 2018-04-12 | [Market Perspectives - April 12, 2018 - Page 7 of 11 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/65405-market-perspectives-april-12-2018-page-7-of-11-u-s-grains-and-bioproducts.md) | +0.1% | +3.3% |
| CORN | 2019-12-05 | [Market Perspectives – December 5, 2019 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/9816-market-perspectives-december-5-2019-u-s-grains-and-bioproducts-council.md) | -4.3% | +1.2% |
| CORN | 2019-11-21 | [DDGS Weekly Market Report – November 21, 2019 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/56171-ddgs-weekly-market-report-november-21-2019-u-s-grains-and-bioproducts-council.md) | -0.5% | +2.1% |
| CORN | 2021-09-23 | [Market Perspectives – September 23, 2021 - Page 7 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/44954-market-perspectives-september-23-2021-page-7-of-10-u-s-grains-and-bioproducts.md) | +1.3% | +2.0% |

## Sources

- grains.org: https://grains.org/analysis-covid-19-pandemic-weighed-on-2019-2020-global-ethanol-trade/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.