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The RFA analysis reports US ethanol exports dropped 43% in May to 91.9 million gallons, with Canada the top market and Brazil and China restricted by trade barriers. DDGS exports stayed about steady at 994,006 metric tons, with Turkey rising 80%.
Steady DDGS volumes with shifting destinations indicate firm feed demand, while China and Brazil barriers keep export flows uncertain.
energy.agwired.comJul 10, 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.
