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The Andersons expects ethanol industry consolidation to continue as crush margins sit near 15 cents per gallon, down from 25 cents a year earlier and the lowest for this time of year since 2009. Weak export demand tied to the China trade war is cited as a key pressure on prices.
Persistently thin ethanol margins reduce plant run rates and corn grind for ethanol, which weakens corn demand and can increase DDGS supply over time.
biofuelsdigest.comMeghan SappApr 25, 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.
