
Amauri Pekelman, president of Unem, the national corn ethanol association, projects Brazil's corn ethanol output could rise by 10 billion litres over the next decade, doubling to about 20 billion litres. He expects corn-based ethanol to reach 40% to 45% of national ethanol production, up from roughly 30% today, driven by biorefinery expansion and biofuel demand.
Faster corn ethanol growth would lift domestic corn demand and co-product DDGS supply for livestock and poultry feed, tightening Brazil's corn balance and supporting corn prices over the long term.
After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% 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.