Loading…
ADM reported that its ethanol production margins roughly doubled in the second quarter. Strong export demand helped offset weaker domestic sales.
Stronger ethanol margins signal firm ethanol output and co-product (DDGS) availability tied to crush and corn grind, a modest supportive read for corn demand and a mild pressure point for DDGS values.
qcintel.comJul 30, 2024Not 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.
