
U.S. ethanol prices have fallen nearly 20% over two years as production rose and demand weakened amid growth of electric vehicles. Washington is including ethanol in recent trade agreements with the U.K. and Japan to find export outlets for the surplus.
The administration has also opened an investigation into Brazil's 18% tariff on ethanol imports from outside Mercosur.
Surplus ethanol that tracks weak corn prices keeps downward pressure on corn demand and margins for U.S. ethanol plants, while trade-deal pushes could reshape export flows for feed co-products.
Setelah 683 peristiwa perdagangan bearish sebelumnya, Jagung bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -1,7% sampai +1,6%), dan +0,3% 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.