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Ethanol plants in the US are slowing or halting production due to economics and storage limits, cutting supply of distiller's grains. Cattle producers such as one Angus operator in Iowa must find replacement feeds, which could raise feed costs by 25% or more.
Reduced ethanol output removes a cheap protein and energy source from cattle rations, shifting demand toward corn and soymeal and tightening DDGS availability.
feedandgrain.comOct 2, 2020Not enough comparable past events yet for a historical read.
Not 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.
