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CoBank expects ethanol producer operating margins to stay weak for the rest of 2019 because of abundant production. Ethanol stocks are forecast to remain above 900 million gallons, and domestic demand is seen flat over the next two years.
Persistent low margins and falling corn output could force plant idlings, which would reduce corn grind and DDGS supply over time.
prnewswire.comCoBankJul 2, 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.
