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US ethanol exports rebounded to 151.5 million gallons in June, up 65% from May, with Brazil taking 35.7 million gallons and Canada 33.5 million. Exports to India and the Philippines surged, and DDGS shipments also rose.
Stronger ethanol and DDGS export demand supports DDGS prices and helps absorb rising US ethanol inventories, which would otherwise pressure margins and corn demand.
ethanolrfa.orgRenewable Fuels AssociationAug 8, 2018Not 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.
