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U.S. ethanol exports totaled 103.1 million gallons in August, down 12% from July, according to government data analyzed by the RFA. Canada and Brazil were the top destinations, and year-to-date exports reached 906.5 million gallons.
Brazil and Canada volumes both fell from July levels.
Lower August ethanol export volumes weigh on ethanol and DDGS demand, which keeps pressure on prices for the co-product feed.
feedstuffs.comOct 10, 2017Not enough comparable past events yet for a historical read.
After 1,102 past bearish report events, CORN moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
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.
