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DTN's hypothetical 50-million-gallon Neeley Biofuels plant showed its net loss narrowing to 11.9 cents per gallon in November from 22.2 cents in October, and 19 cents profit before debt service. Higher ethanol cash prices and stronger DDGS prices offset a 21-cent rise in corn to $4.07.
Stronger ethanol and DDGS values support plant margins and sustain corn grind demand, which supports corn prices and DDGS availability for feed buyers.
dtnpf.comTodd NeeleyNov 10, 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.
