reports that ethanol production margins rebounded sharply to about $0.29 per gallon above total costs, with returns above variable costs near $0.50, as energy prices rallied on the Iran conflict. The same briefing lists December corn at $4.4775 and December wheat at $6.035 per bushel.
Improved ethanol margins encourage plants to run harder, raising corn grind and DDGS output, while higher crude supports the energy-linked demand case for feedstocks.
Not enough comparable past events yet for a historical read.
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.