Indian oil marketing companies have more than tripled the allocation of damaged foodgrains for ethanol production in the 2026-27 supply year, to 3.81 million tonnes. Maize allocation rose 8% to 13.64 million tonnes as India shifts away from sugar-based feedstocks to meet the E20 blending target.
Higher grain allocations to distilleries add to domestic feed-grain competition in India, which could tighten maize and broken-grain supplies for feed users and support local prices, though the allocations are not guaranteed purchases.
After 328 past bullish policy events, Corn moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +1.3%), 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.