
Ethanol futures closed the week of October 31 modestly higher, with the CU contract at $1.835. National plant utilization reached 76.3%, the sixth straight weekly gain, and front-month spreads firmed on strong prompt bids and tighter inventories.
Gulf exports remain strong.
Higher plant utilization and firm export loadings raise corn grind and corn demand, which supports the corn complex. The move is incremental and reflects routine market activity.
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.