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RFA analysis of government data shows US ethanol exports of 215.1 million gallons in March 2018, the second-highest monthly volume on record. Weekly production rebounded above one million barrels per day, and the April four-week average was 1.015 million barrels per day.
DDGS exports rose 8% to 905,558 metric tons.
Solid export volumes and steady ethanol output support corn grind and DDGS supply. China's new duty limits further export growth to that market.
energy.agwired.comMay 4, 2018After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% 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.
