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ADM reported second-quarter results on July 30, with ethanol margins improved on strong domestic and export demand. Its Vantage Corn Processing unit's operating profit rose 89%, and the company expects stronger margins to persist into the third quarter.
Expectations of sustained ethanol margins point to steady corn grind and DDGS output, a mildly supportive factor for corn demand.
bioenergytimes.comBioEnergyTimesJul 31, 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.
