# US Corn Farmers Benefit from Record Ethanol Margins | CZ app

> US ethanol margins hit an all-time high in late October, supporting corn demand from the ethanol sector, with Chicago corn trading higher each day of the prior week. The report also notes La Niña is 70% likely, Brazilian planting progress, Turkish wheat forecast cuts, and Russian export tax effects.

- Date: 2021-11-04 · published 2021-11-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44049-us-corn-farmers-benefit-from-record-ethanol-margins-cz-app
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Record ethanol margins lift corn demand expectations, while the wider wheat and fertilizer tightness adds to upward price pressure across feed grains.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/us-corn-farmers-benefit-from-record-ethanol-margins/

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