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Pacific Ethanol renamed itself Alto Ingredients to focus on specialty alcohols and essential ingredients. US ethanol production has fallen year on year for 49 consecutive weeks, with output at 849,000 b/d in late February after winter storms.
Lower ethanol output reduces DDGS supply, but producers shifting to higher-value products limits the feed-side effect.
spglobal.comMar 8, 2021Not 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.
