# Brazil: Corn Crop Failure to Impact Ethanol Production? | CZ app

> Brazilian domestic corn prices have risen about 140% over the past year, with spot corn near BRL73 per bag. Corn ethanol mills still earn positive margins because ethanol and DDGS prices are strong, and the number of corn ethanol mills keeps growing.

- Date: 2021-07-22 · published 2021-07-22T12:00:00.000Z
- Category: market · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/46035-brazil-corn-crop-failure-to-impact-ethanol-production-cz-app
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Expanding corn ethanol demand competes with feed use for a crop already hit by dry weather and frost, supporting Brazilian corn and DDGS prices while raising questions about future ethanol supply.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/brazil-corn-crop-failure-to-impact-ethanol-production/

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