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U.S. ethanol prices were lower in the week ending July 29, with Midwest rack ethanol down to about 189 cents per gallon. FOB Houston prices rose 8.1% the prior week before easing slightly, and Brazilian anhydrous ethanol was quoted higher.
Weaker ethanol prices reduce ethanol plant margins and can slow corn grind and DDGS output, a mildly bearish signal for feed co-products.
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.