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Ethanol crush margins have improved significantly since August 1 as producers cut output to support prices. Debt-free plants are moving into profit, while plants with debt service still show losses of 19 cents per gallon.
Production cuts and firmer ethanol prices reduce near-term ethanol-driven corn demand, though margin recovery may bring some plants back online.
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.