
U.S. ethanol prices fell 3.2% through Tuesday, September 23, with Midwest rack ethanol down 1.6% to 55.11 cents per liter. FOB Houston ethanol was 2.1% lower after a strong prior week, and Brazilian anhydrous ethanol fell 1.7%.
The Gulf-Santos ethanol spread widened to a negative 8.12 cents per liter.
Routine ethanol price moves have limited direct impact on feed grain prices. The widening Gulf-Santos spread may shift export economics for ethanol trade.
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.