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The EIA's January Short-Term Energy Outlook keeps U.S. ethanol production at 1.03 million barrels per day for 2020 and 2021. The agency expects consumption to dip slightly and the ethanol share of gasoline to stay flat.
A flat production outlook implies steady ethanol output and DDGS supply, with no major price catalyst for feed markets.
mnbiofuels.orgAshwin RamanJan 16, 2020Not enough comparable past events yet for a historical read.
After 3,207 past report events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.3% to +1.7%), and +0.5% 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.
