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Ethanol producers face prolonged breakeven or negative margins, according to Iowa Renewable Fuels Association president Bill Howell. He says EPA small-refinery waivers totaling over two billion gallons have undermined the market.
The industry is counting on year-round E15 approval and a resolution of the China trade dispute to boost exports.
Regulatory waivers and stalled export demand are keeping ethanol output and co-product supply under pressure, so the outcome of E15 and China talks matters for corn and DDGS demand.
brownfieldagnews.comJan 30, 2019Not enough comparable past events yet for a historical read.
After 1,623 past policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
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.
