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ADM's ethanol business benefited from improved margins, rising RIN values and stronger export demand in Q1 2026. The company expects $150 million of 2026 earnings benefit from the 45Z credit and projects ethanol exports near 2.4 billion gallons this year.
Expected strong ethanol exports and biofuel incentives support continued corn grind demand and processing margins, a modestly supportive backdrop for corn.
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.