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Kinder Morgan plans to expand barge-loading capacity at its Chicago ethanol terminal, according to sources cited by Reuters. The move is meant to relieve a supply glut that is pushing down global ethanol prices.
The expansion would ease bottlenecks at the hub.
Added loading capacity could help clear excess ethanol and steady prices, which would reduce pressure on ethanol co-products such as DDGS. The effect on feed markets is indirect.
reuters.comJarrett RenshawFeb 20, 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.
