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DTN's hypothetical 50-million-gallon South Dakota ethanol plant lost 19 cents per gallon with debt service in late October, improved from a 34-cent loss in September. Debt-free plants would earn a 13-cent profit, and the DDGS price fell from $130 to $125 per ton.
Improved margins signal that production cuts are stabilizing the ethanol market, which may support corn demand over time, while lower DDGS prices pressure feed co-product values.
ocj.comOhio Ag NetOct 24, 2019Not 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.
