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DTN's hypothetical 50-million-gallon ethanol plant reported a net loss of 31.8 cents per gallon including debt service, slightly narrower than January's loss. Corn cost fell to $3.80 per bushel while the ethanol rack price dropped to $1.40 per gallon, and DDG held at $140 per ton.
Persistent ethanol margin losses from rising stocks and weak cash prices may slow plant grind and reduce corn and DDGS output. Flat DDG prices reflect weak domestic winter demand.
ocj.comOhio Ag NetFeb 21, 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.
