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Farmdoc daily estimates the profitability of U.S. ethanol production in 2019 using a model of a representative 100-million-gallon Iowa plant. The analysis cites weak ethanol and DDGS prices and continued RFS policy setbacks as headwinds.
Thin plant margins and weak DDGS prices can lead to reduced ethanol output and less corn grind, which weighs on DDGS supply pricing for feed buyers.
farmdocdaily.illinois.eduLee BynumFeb 1, 2020Not 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.
