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US ethanol exports fell 20% in December 2016 to 98.0 million gallons, though calendar 2016 exports reached 1.05 billion gallons, up 25% from 2015. Brazil and Canada were the top destinations, and two-thirds of volume went to Brazil, Canada and China.
Strong ethanol export demand supports ethanol production and corn grind, which in turn shapes DDGS supply for feed buyers.
ethanolrfa.orgRenewable Fuels AssociationFeb 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.
