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ADM reported fourth-quarter results with its ethanol subsegment operating profit up 187% year over year on strong ethanol margins. The company expects robust export demand to continue and domestic demand to strengthen on biofuel policy clarity.
Strong ethanol margins and expected demand support corn grind and DDGS output, though the report is company-specific and has limited direct price impact.
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.