# Ethanol Industry Sees Lowest Stocks on Hand Since 2016

> Corn prices rose sharply to $3.79 per bushel for a hypothetical South Dakota ethanol plant, cutting its margin to a 22.2-cent loss per gallon. DDGS prices rose to $147 per ton from $112. Ethanol production is at a 15-year low, and inventories are the lowest since 2016.

- Date: 2020-10-05 · published 2020-10-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50656-ethanol-industry-sees-lowest-stocks-on-hand-since-2016
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher corn prices and weak ethanol output are the main drivers here. Lower ethanol production signals reduced DDGS supply, which supports feed-ingredient prices.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2020/10/05/ethanol-industry-sees-lowest-stocks
- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2020/10/06/ethanol-industry-sees-lowest-stocks

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.