# Bunge sells stake in U.S. ethanol plant as biofuels industry struggles

> Bunge has sold its stake in a U.S. ethanol plant as the biofuels industry struggles. The sale is part of a broader restructuring by the ABCD grain traders, who have cut costs after a multi-year crop supply glut thinned margins.

- Date: 2020-01-03 · published 2020-01-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/55079-bunge-sells-stake-in-u-s-ethanol-plant-as-biofuels-industry-struggles
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Corporate restructuring reflects weak processing margins, which can reduce crush and co-product output over time but has limited near-term price impact.

## Sources

- reuters.com: https://www.reuters.com/article/world/americas/bunge-sells-stake-in-us-ethanol-plant-as-biofuels-industry-struggles-idUSKBN1Z200A/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.