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The US Grains Council is promoting ethanol for industrial uses such as hand sanitizer, windshield washer fluid and cook-stove fuel. CEO Ryan LeGrand said sanitizer demand from Mexico and Korea has helped offset weaker fuel demand.
Industrial ethanol demand partly offsets falling fuel demand, cushioning ethanol plant utilization and corn grind, though the volumes remain small.
brownfieldagnews.comMark DorenkampJul 29, 2020After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
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.
