
NuWays rated Verbio a BUY with a EUR 41 target and highlighted Germany and France considering higher ethanol blends such as E20. The proposal follows a Franco-German push to ease the EU 2035 car CO2 target.
No formal E20 proposal or timetable has been announced yet.
A move to E20 could add roughly 5 million tonnes of annual EU ethanol demand, which would support corn and wheat use for ethanol. The policy remains unconfirmed, so the price effect is potential rather than immediate.
After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
After 182 past bullish policy events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.9% to +1.4%), and -0.3% over 20.
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.