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The U.S. Grains Council reported ethanol prices up 1.6% through Tuesday, with Midwest rack and FOB Houston prices higher. Brazilian anhydrous ethanol prices were lower, and the Gulf-Santos spread narrowed to a discount.
Higher U.S. ethanol prices support ethanol margins and plant run rates, which underpin corn and DDGS demand.
grains.orgSep 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.
