
Corn demand from India's ethanol industry is growing under the E20 petrol-blending policy. Oil marketing companies sought 11 billion litres of ethanol for supply year 2026-27, and producers offered 19.32 billion litres, including 11.45 billion litres from maize.
Stronger industrial demand for maize for ethanol can tighten domestic supply available to poultry and feed makers, raising their input costs, while giving farmers a new outlet. The offers are not final purchases, so the net price effect remains uncertain.
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.
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.