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European ethanol crush margins from corn and wheat have fallen to four-year lows in the first quarter. Surging energy and grain input costs are squeezing producers.
Weak European ethanol margins can reduce distillery grind and cut DDGS output, which is modestly bearish for EU grain demand and bullish for feed substitutes.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.