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The US is on track to export a record volume of fuel ethanol in 2025, averaging 138,000 b/d through July, 9% above 2024's record. Exports now absorb 13% of domestic production, while domestic consumption is flat.
Most of the growth has gone to the Netherlands.
Stronger export demand pulls more corn into US ethanol plants, supporting corn grind and firming corn demand. The effect on prices is moderate because it adds to an already large ethanol industry.
eia.gov2025年10月22日在过去 729 次看涨的贸易事件之后，玉米 在 5 个交易日内中位数变动 +0.4%（56% 上涨；中间一半区间为 -1.1% 至 +1.8%），20 个交易日内为 +0.5%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
