◂ Event Timeline

Jul 6, 2017TRADEUS

Ethanol Exports Swell in May, as Shipments to Brazil and Canada Surge

U.S. ethanol exports hit a record 119.2 million gallons in May 2017, up 37% from April and 75% above a year earlier, with Brazil and Canada taking 80% of the volume. DDGS exports reached 742,043 metric tons in May, down 15% from April.

WHY IT MATTERS

Strong ethanol export demand supports corn use and ethanol plant throughput, while the monthly drop in DDGS exports tightens available co-product supply for feed buyers. Export flows sustain demand for U.S. DDGS in the near term.

AFFECTSDDGS▲Corn▲

SOURCE
dc59742088.nxcli.netGeoff CooperJul 6, 2017

Price reaction & history

DDGS▲bullish

Not enough comparable past events yet for a historical read.

Corn▲bullishSO FAR1d -0.3%5d -1.2%20d -3.7%

After 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.

Jan 5, 2018U.S. Ethanol Exports Swell in November, as Brazil is Top Destination and China Returns to Market-0.4%
Mar 7, 2017Record Upsurge in U.S. Ethanol Heading to Brazil Dominates January Trade Picture; Distillers Grains Exports Building - Renewable Fuels Association-2.2%
May 15, 2026US, Brazil see jump in ethanol exports as consumers seek to boost fuel supplies+1.2%
Mar 6, 2020January U.S. Ethanol Net Exports and DDGS Shipments Surge-1.0%
Aug 17, 2022Brazil ships DDGS to Vietnam, exports rise as corn ethanol production booms - DatamarNews+0.3%

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.

DDGS DDGS · GP ▸

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Corn CORN · GP ▸

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