
U.S. fuel ethanol exports rose 26% in 2016 to over 1 billion gallons, the second-highest level on record, with Brazil overtaking Canada as the top destination at 267 million gallons. U.S. ethanol production hit a record 15 billion gallons, and imports fell 60%.
Strong export demand supports record ethanol output and corn grind, and it also lifts DDGS supply that competes with soybean meal in feed rations.
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.
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.