US ethanol inventories rose 33,000 barrels to 25.22 million, the highest since May, while production averaged 1.099 million barrels a day, 44,000 above a year earlier. Exports averaged 161,000 barrels a day, up 17,000 on the week.
Operating margins at the average Iowa plant remained positive.
Positive plant margins support continued corn grind for ethanol, while rising stocks and exports indicate balanced domestic supply. The impact on grain prices is routine.
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.