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POET executive Jeff Lautt says ethanol margins have recovered to near-record levels, estimated at 75 cents to over $1.00 per gallon depending on the plant. Higher crude and gasoline prices relative to ethanol are driving current margins.
Strong margins support continued ethanol production and corn demand, which is supportive for corn and DDGS supply dynamics.
wnax.comNov 15, 2021Not 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.
