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U.S. undenatured and denatured ethanol exports in January 2017 totaled 121.8 million gallons, the third-highest monthly volume in five years, with Brazil taking 48% of shipments. Exports were tracking at an annualized record pace of about 1.46 billion gallons.
Robust export demand, especially from Brazil, supports ethanol output and corn grind, while growing DDGS exports add to feed supply.
dc59742088.nxcli.netAnn LewisMar 7, 2017After 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.
