# Ethanol production puts bottom in corn market - Inside Grains & Raw Material | Boerenbusiness. Nl

> ABN Amro expects a higher long-term corn price, citing growth in ethanol demand, which it says grows about 7 percent a year, although the biofuel sector currently has overcapacity and low margins. The bank notes that US approval of higher ethanol blends is expected to lift production.

- Date: 2019-03-19 · published 2019-03-19T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/60073-ethanol-production-puts-bottom-in-corn-market-inside-grains-and-raw-material
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expected ethanol-driven demand growth and recent US blending approval support a firmer corn outlook over the longer term, even as near-term prices remain volatile on US-China trade news.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-02-27 | [US Corn Is King Now, but Production Costs Threaten Its Reign](https://feedsoft.ai/events/60638-us-corn-is-king-now-but-production-costs-threaten-its-reign.md) | -0.7% | +1.2% |
| CORN | 2017-05-10 | [Rising demand, evolving markets fueling change in feed business](https://feedsoft.ai/events/71128-rising-demand-evolving-markets-fueling-change-in-feed-business.md) | +0.3% | +2.4% |
| CORN | 2022-04-26 | [Pork Producer Margins This Year Could Rival 2021, CoBank Says - Pork Business](https://feedsoft.ai/events/41998-pork-producer-margins-this-year-could-rival-2021-cobank-says-pork-business.md) | -5.4% | -0.4% |
| CORN | 2022-06-23 | [Wild 2022 in grain markets sparks 2008 comparisons \| Reuters](https://feedsoft.ai/events/40978-wild-2022-in-grain-markets-sparks-2008-comparisons-reuters.md) | +1.6% | -10.7% |
| CORN | 2021-02-21 | [Go Behind the Chinese Grain Market Rally of 2020/21 \| StoneX](https://feedsoft.ai/events/48628-go-behind-the-chinese-grain-market-rally-of-2020-21-stonex.md) | +1.6% | -3.4% |

## Sources

- en.boerenbusiness.nl: https://en.boerenbusiness.nl/granen-grondstof/artikel/10881724/ethanolproductie-legt-bodem-in-ma-smarkt

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.