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U.S. ethanol exports totaled 93.6 million gallons in October, up 8% from September, with Canada as the top destination. Exports to Brazil fell 32% after Brazil imposed a tariff rate quota and 20% tariff in September.
Brazil's new tariff cut a key ethanol outlet, although Canada, Spain and India kept overall export volumes solid, supporting corn-based ethanol demand and DDGS co-product flows.
feedstuffs.comDec 7, 2017After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
