Loading…
Iowa ethanol gross production margins have stayed below their three-year average since July 2018. Margins narrowed from May 2019 as corn futures rallied after planting delays caused by heavy spring rains.
Shrinking margins signal weaker ethanol processing demand for corn and reduced co-product output, so the price balance depends on whether corn rallies persist.
decision-innovation.comJing TangJul 16, 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.
