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DTN's hypothetical 50-million-gallon ethanol plant margin rose 4 cents to 9.4 cents per gallon in the latest update. Plants without debt would see a 41-cent profit, compared with 35 cents a month earlier.
Corn prices have fallen over recent weeks while ethanol and DDGS prices held steady.
Lower corn costs are widening ethanol margins, which tends to support plant run rates and corn demand. DDGS prices holding steady keeps co-product returns stable.
biofuelsdigest.comMeghan SappAug 17, 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.
