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DTN reports that ethanol margins improved on a lower corn price, though many plants remain under pressure and at least 18 have idled production. Industry cost-cutting continues as the Trump administration weighs a biofuels deal.
Better margins from cheaper corn may support restarts and grind, but idled capacity and a possible biofuels policy deal are the bigger swing factors for corn and DDGS demand.
dtnpf.comTodd NeeleySep 26, 2019Not 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.
