# Happy days are here, again, for the ethanol industry - Governors' Biofuels Coalition

> Ethanol plant profits are near record levels, with an Iowa plant model showing $1.34 per gallon in mid-November 2021 versus a record $1.53 in March 2014. Margins were near break-even on August 1 before a strong ethanol price rally in the last four months of the year.

- Date: 2021-11-23 · published 2021-11-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44045-happy-days-are-here-again-for-the-ethanol-industry-governors-biofuels-coalition
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Robust ethanol margins encourage higher plant runs, boosting corn grind and DDGS output, which supports corn prices and adds feed supply.

## Read by commodity

- CORN: bullish ▲
- DDGS: bearish ▼

## Sources

- governorsbiofuelscoalition.org: https://www.governorsbiofuelscoalition.org/happy-days-are-here-again-for-the-ethanol-industry/

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