Pecege estimates Brazilian corn ethanol production costs at R$2.75 per liter, while plant prices in several states, including Mato Grosso at R$2.62, are below that level. Sales of DDG and corn oil add about R$0.93 per liter of ethanol to plant revenue, making these coproducts central to margins.
Weak ethanol prices push plants to rely more on DDG and corn oil revenue, which supports DDG pricing and could influence how much corn plants process.
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.