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Essentica reports US ethanol exports fell 43% month-on-month in May to 91.9 million gallons as Brazil shipments dropped 84%. DDGS exports were little changed at 994,006 tonnes, with Turkey overtaking Mexico as the top destination.
Trade barriers limiting Brazil and China demand reshape US co-product flows, keeping DDGS export demand dependent on Turkey, Mexico and Asia.
essentica.euEssenticaJul 19, 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.
