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US ethanol producers expect export rebounds as trade tensions ease with Mexico and China, after shipments slumped in 2019 and faced COVID-19 disruption in 2020. The Renewable Fuels Association president said exports will resume vigorous growth; the article cites 35.2 million gallons of exports.
A recovery in ethanol exports would add demand for US corn and DDGS, though the benefit depends on how quickly trade relations normalize.
iowafarmbureau.comTom BlockJul 13, 2020After 729 past bullish trade events, CORN moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
Not 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.
