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An Iowa State/CARD analysis reports Iowa ethanol plant net profits averaged just $0.08 per gallon in 2024, below the historical average of $0.12 since 2007. The decline is mainly attributed to lower ethanol prices, while corn oil and some co-product prices rose.
Thinner ethanol margins can reduce plant crush and cut DDGS and corn oil output, while corn, which makes up about 80% of plant costs, remains the main input cost driver.
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.