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US distillers grains exports totaled 11.48 million metric tons in 2016, down 10% from the 2015 record but the second-highest ever. China, the top destination, saw exports plunge 63% after anti-dumping and countervailing duties, while shipments to Mexico, Vietnam, South Korea, Turkey and Thailand grew.
Diversion of DG away from China increases competition elsewhere, but strong demand in other markets supports global feed co-product prices.
ethanolrfa.orgFeb 14, 2017
world-grain.comHolly Demaree-SaddlerFeb 9, 2017After 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.
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.
