
US ethanol exports contracted in March 2020 to 139.9 million gallons, down 28% from February, though sales were consistent with year-ago volumes. Brazil, Canada and India, the top three customers, trimmed purchases, and India's volumes fell 59% from a February record.
Global sales of US distillers grains (DDGS) were reported as firm.
Lower ethanol export pull reduces demand for US ethanol and co-products, and the COVID-19 slowdown is expected to keep 2020 exports well below the annualized pace, a modest bearish signal for DDGS and corn demand from ethanol plants.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
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.