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DTN's hypothetical Iowa-style ethanol plant still reported a 37-cent per gallon net loss in January as corn rose to $4.99 per bushel. Higher ethanol and DDG prices limited the damage, with DDG up $15 per ton.
Rising corn prices are squeezing ethanol plant margins, which can reduce grind and corn demand. Firm DDGS prices help cushion the impact on processors.
dtnpf.comTodd NeeleyJan 14, 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.
