The EIA reported U.S. ethanol production averaged 1.126 million bpd for the week ended Nov. 28, up 13,000 bpd week-on-week and 4.7% year-on-year.
Domestic ethanol inventories rose 543,000 barrels to 22.511 million, still 2.1% below a year earlier. Midwest output was up 5.1% year-on-year.
Higher ethanol output raises corn grind and co-product supply, supporting corn demand while adding DDGS to the feed market. Inventories still below last year limit any bearish pressure on the ethanol complex.
Setelah 1.040 peristiwa laporan bullish sebelumnya, Jagung bergerak median +0,5% selama 5 sesi (62% lebih tinggi; separuh tengah -0,9% sampai +2,0%), dan +0,8% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.