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US ethanol exports fell 43% from April to 91.9 million gallons in May, a four-month low, according to government data analyzed by the RFA. Canada overtook Brazil as the top market while Brazil and China shipments were restricted by trade barriers.
DDGS exports held roughly steady at about 994,000 metric tons.
Weaker ethanol export demand trims co-product flows, while steady DDGS volumes keep feed demand firm; the shift toward Turkey and Mexico matters for DDGS pricing as China trade barriers persist.
ethanolrfa.orgRenewable Fuels AssociationJul 6, 2018Not enough comparable past events yet for a historical read.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
