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Ethanol margins improved since August 1 as plants cut production costs and ethanol prices rose. The price received for dried distillers grains fell from $130 to $125 per ton in the latest update, according to DTN.
Better plant margins can support ethanol output and corn demand. The lower DDGS price points to softer feed-ingredient values.
feedandgrain.comOct 2, 2020Not 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.
