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Dry-mill ethanol plant margins have improved sharply since May as rising summer travel and reopening states lifted gasoline demand. DTN's hypothetical South Dakota plant posted a 4-cent-per-gallon net profit versus a 16.1-cent loss in May, with ethanol rack prices up to $1.63 per gallon.
Better ethanol margins support plant run rates and corn grind, which supports corn demand and DDGS output, while higher gasoline demand points to firmer energy prices.
dtnpf.comTodd NeeleyJul 10, 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.
