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India has suspended ethanol procurement from sugarcane juice, sugar syrup, sugar, and B-heavy molasses for the 2026–27 period, while limiting rice-based ethanol production. With oil companies targeting purchases of 11 billion liters of ethanol, the article says corn could become a more important feedstock and reports concern about higher corn and food prices, including eggs, chicken, and milk.
Shifting ethanol demand toward corn could increase competition for domestic grain supplies and push up corn prices. Higher feed costs could then raise production costs for poultry and dairy, though the article does not quantify the expected price effects.
sangritoday.comMuskan KumawatNov 7, 2026After 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.
After 17 past bullish policy events, Milk (Class III) moved a median -0.6% over 5 sessions (29% higher; middle half -1.6% to +0.2%), and -3.0% over 20.
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.
