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US ethanol exports rose 28% to 99.6 million gallons in September, the highest monthly volume since December 2011. China returned as a significant buyer with 17.8 million gallons, while Canada took the largest share.
Stronger export demand, especially from China, supports ethanol production and corn grind, which underpins corn demand.
ethanolrfa.orgRenewable Fuels AssociationNov 4, 2016After 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.
