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Swedish cooperative Lantmännen reported its largest-ever annual profit and warned that ethanol margins could weaken in the coming period. The company is a major ethanol producer in Europe.
Softer European ethanol margins may reduce biofuel production and co-product output, with limited direct effect on feed grain prices.
qcintel.comFeb 7, 2023Not 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.
