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U.S. ethanol prices rose 1.3 percent in the week ending October 9 and climbed further through Tuesday's close. Midwest wholesale rack ethanol prices were weaker at the end of the week but still higher on the period.
Firmer ethanol prices support blending economics and can modestly support corn and distillers grains values. The move is small and reflects routine trading.
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.