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The Renewable Fuels Association reports the U.S. produced 15.8 billion gallons of ethanol in 2019, 54% of global output. U.S. exports fell modestly to about 1.5 billion gallons, with Brazil and Canada still the top destinations.
Exports to Brazil declined as inventories and production rose.
This is background on the structure of the ethanol market, with U.S. output and export levels shaping corn demand and DDGS supply. It does not signal a new price-moving event.
bioenergyinternational.comBioenergy InternationalMar 9, 2020After 770 past neutral report 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.
