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Austrian bioethanol producer Agrana reported sharply higher ethanol production margins year on year, which it described as historic. The article is a paywalled summary from a commodity intelligence service.
Strong ethanol margins encourage plants to run harder, which increases corn demand for grind and boosts DDGS output. The effect is mainly European and reflects the wider high-price environment.
qcintel.comMay 13, 2022Not 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.
