
U.S. ethanol production averaged 1.143 million barrels per day, the second highest this year, up 25,000 on the week and 20,000 on the year. Ethanol stocks fell 89,000 barrels week over week to 24.434 million barrels, while exports rose to 147,000 barrels per day.
Strong plant margins support ethanol output and a large share of domestic corn use, which tightens the corn balance modestly. The routine weekly data point has limited price impact, though the USDA corn-for-ethanol update due November 10 could shift expectations.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% 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.