# Watch for local market opportunities in ethanol - Brownfield Ag News

> Summit Commodities analyst Tomm Pfitzenmaier says local ethanol plants may bid up for corn this winter, creating basis opportunities for farmers holding stored corn. He cites strong gasoline demand, weak corn prices and a sharp rise in meal prices that pulled DDGS values higher.

- Date: 2023-10-30 · published 2023-10-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33605-watch-for-local-market-opportunities-in-ethanol-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Ethanol plant bidding for corn supports local cash basis and firm DDGS values, which matter for feed buyers' cost of inputs. Strong ethanol margins sustain corn grind demand.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/watch-for-local-market-opportunities-in-ethanol/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.