◂ Event Timeline

Dec 5, 2019TRADEUS

October Shipments of U.S. Ethanol Press Higher while U.S. DDGS Exports Slip

U.S. ethanol exports rose 13% in October to 112.8 million gallons, led by strong shipments to India and midsized buyers. Brazil shipments fell 33% to a five-month low as Brazil's tariff-rate quota limited duty-free volumes, while U.S. DDGS exports slipped.

WHY IT MATTERS

Stronger ethanol export demand supports ethanol margins and corn grind, but weaker DDGS exports reduce a feed co-product outlet, pressuring DDGS prices relative to corn.

AFFECTSCorn▲DDGS▼

SOURCE
ethanolrfa.orgRenewable Fuels AssociationDec 5, 2019

Price reaction & history

Corn▲bullishSO FAR1d -0.5%5d -4.3%20d +1.2%

After 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.

Dec 7, 2021Exports of U.S. Ethanol and DDGS Brighten in October-0.5%
Oct 6, 2020August U.S. Ethanol Export Sales Shift Sharply Higher while U.S. DDGS Sales Moderate+2.6%
Mar 6, 2020January U.S. Ethanol Net Exports and DDGS Shipments Surge-1.0%
Jan 30, 2026November U.S. Ethanol Exports Were Second Highest on Record, DDGS Shipments Declined - AgriInsite+0.7%
Jan 6, 2022November U.S. Ethanol Exports Leapt to Ten-Month High while U.S. DDGS Exports Moderated+2.0%

DDGS▼bearish

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.

Corn CORN · GP ▸

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DDGS DDGS · GP ▸

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