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Ethanol production reportedly rebounded quickly to a record pace, with weekly output of 310.5 million gallons. Inventories were elevated at 902 million gallons, and gasoline inventories were tightening.
Strong ethanol output supports corn grind and DDGS supply, while rising gasoline prices could bolster blending incentives and crude sentiment.
midplainsag.comAriDec 11, 2023Not enough comparable past events yet for a historical read.
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.
