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Missouri ethanol plants have idled production by as much as 10% as margins stay tight. Ethanol prices hit a 13-year low of $1.21 per gallon in November 2018, prompting idlings in Nebraska and Minnesota.
Missouri's six farmer-owned plants remain operating, helped by market access and local coproduct demand.
Idled ethanol capacity reduces corn grind and distillers grains output, but plants close to livestock demand are holding up better.
farmprogress.comMindy WardJan 15, 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.
