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DTN's hypothetical 50-million-gallon South Dakota ethanol plant improved its margin since September, reporting a 30.6-cent per-gallon loss including debt service. The gain came from a higher DDGS price, which rose from $130 to $140, despite a higher corn price and a lower ethanol rack price.
A higher DDGS price improves ethanol plant economics and supports DDGS values for feed buyers, even as corn costs rise.
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.