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DTN reports that US distillers grains exports to China have slowed to a trickle due to duties and tariffs, and shipments to Vietnam have halted over fumigation rules. Concern is growing that NAFTA renegotiation could affect exports to Mexico.
Weaker export demand for DDGS builds domestic supply and pressures DDGS prices relative to corn, though DDGS remains priced at a discount to corn for feeders.
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.
