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US ethanol producers are seeking changes to how benchmark ethanol values are set, arguing the CME-based system is open to manipulation. POET asked CME to change its swap pricing method, and ICE is considering an alternative contract after ethanol prices fell to 13-year lows.
Pressure on ethanol benchmark pricing and hedging tools affects plant economics and output decisions, which in turn influence DDGS supply to feed buyers.
feedandgrain.comDec 1, 2020Not 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.
