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Platts estimates U.S. corn-based ethanol crush margins at a loss of 9.63 cents per gallon in Texas, 77 cents lower than the prior week. Output has swung up and down from week to week as producers try to find positive margins while stocks keep rising.
Negative margins signal weak ethanol demand and output swings, which limit corn grind and co-product supply for feed.
biofuelsdigest.comMeghan SappJan 29, 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.
