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U.S. wholesale ethanol prices ended the prior week 0.4% lower and fell a further 2.5% in early trading. FOB Houston ethanol was quoted at 44.51 cents per liter, and the report notes the next edition is skipped for the week of December 31.
Continued softness in ethanol prices reduces plant margins and the incentive to bid up corn for grind. The decline is routine and does not reflect a new supply or policy shift.
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.