# Margins in processing corn to ethanol improve to reach new highs - Fastmarkets

> US ethanol output is set to hit records as processing margins widen, with Fastmarkets citing EIA data showing production at 1.106 million b/d in the week ended October 22, just short of the 2017 record. Margins for processing corn into ethanol reached about $0.91 per gallon, the highest since December 2014 according to Iowa State University data.

- Date: 2021-11-29 · published 2021-11-29T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/44043-margins-in-processing-corn-to-ethanol-improve-to-reach-new-highs-fastmarkets
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Strong ethanol margins pull more corn into grind, supporting domestic corn demand and Chicago corn prices, while higher ethanol output also raises DDGS supply.

## Read by commodity

- CORN: bullish ▲
- DDGS: bearish ▼

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/margins-in-processing-corn-to-ethanol-improve-to-reach-new-highs/

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