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EIA data showed US ethanol production rose to 1.074 million barrels per day, the highest since December, on strong margins. Exports drew down Gulf Coast stocks while national stocks fell slightly.
Higher ethanol output supports corn grind and DDGS supply, though falling stocks from export pull can support ethanol prices.
biofuelsdigest.comMeghan SappJul 26, 2018After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
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.
