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U.S. ethanol exports fell 5% in November to 107.3 million gallons, though Brazil doubled its purchases and became the top customer. U.S. DDGS shipments rose sharply over the same period.
Strong DDGS export demand tightens domestic supply and supports DDGS prices for feed buyers.
mnbiofuels.orgAshwin RamanJan 8, 2020Not 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.
