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US ethanol exports totaled 162.3 million gallons in April, a 25% drop from March but the fourth-largest monthly volume in six years. Brazil took 38% of shipments, and China exited the market after a 15% import duty.
DDGS exports rallied to a six-month high.
Strong DDGS export demand supports domestic DDGS prices, while China's duty shows how trade barriers can cut export outlets.
feedstuffs.comJun 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.
