◂ Event Timeline

Sep 5, 2018TRADEUS

U.S. Ethanol Exports Remain on Record Pace but Recede in July from a Strong June; Boosted Global DDGS Sales Verging on a 2-Year High

US ethanol exports totaled 104.4 million gallons in July, down 31% from June and 11% below a year earlier, per government data. Canada overtook Brazil as the top market, while India imports fell 57%.

Global DDGS sales were boosted and neared a two-year high.

WHY IT MATTERS

Stronger DDGS export demand supports feed co-product values and partly offsets weaker ethanol shipments to India and the Philippines. Buyers should watch whether July's pullback persists into coming months.

AFFECTSDDGS▲Corn◆

SOURCE
ethanolrfa.orgRenewable Fuels AssociationSep 5, 2018

Price reaction & history

DDGS▲bullish

Not enough comparable past events yet for a historical read.

Corn◆neutralSO FAR1d -0.7%5d -0.4%20d +1.2%

After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.

Feb 7, 2023Pace of U.S. Ethanol Sales Slows at Year End while DDGS Exports Rally-0.6%
Feb 8, 2022Global U.S. Ethanol and DDGS Export Pace Slows at Year End+1.9%
Nov 4, 2020September U.S. Ethanol Global Sales Moderate While U.S. DDGS Exports Leap to 5-Year High+1.8%
Sep 7, 2022U.S. Exports of Ethanol and DDGS Pick Up the Pace in July+3.3%
Jul 2, 2021Global Sales of U.S. Ethanol Lose Momentum in May while U.S. DDGS Exports Post Big Gains-4.2%

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.

DDGS DDGS · GP ▸

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Corn CORN · GP ▸

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