
EIA data show US fuel ethanol inventories fell 89,000 barrels to 24.3 million barrels in the week ended November 6, and remain 9.6% above a year earlier. Fuel ethanol exports fell about 5% week on week to 140,000 barrels per day.
Stocks remaining well above last year and lower exports point to ample ethanol supply, which is mildly bearish for ethanol prices and corn demand from ethanol plants.
Not enough comparable past events yet for a historical read.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.