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The EIA reported U.S. ethanol production averaged 1.13 million barrels per day, down 13,000 from the prior week's multi-month high but up 55,000 year over year. Stocks fell 89,000 barrels on the week to 24.345 million, and exports slipped to 140,000 barrels per day.
Steady output and solid margins support corn grind demand, which is a supportive factor for corn and DDGS. The weekly changes are small, so the price effect is limited.
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.