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Dalby Bio-Refinery on Queensland's Darling Downs has cut ethanol and DDGS output because high grain prices and weak ethanol demand made processing unprofitable. The plant has run at 70-80 percent capacity since May and expects that to continue into next year.
Reduced sorghum demand from the plant eases local grain prices, while lower DDGS output reduces a feed supply source.
graincentral.comHenry WellsJul 19, 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.
