Loading…
Nearby CBOT ethanol futures fell 3.1 cents per gallon in the week, and US interior and Gulf FOB prices also declined. The EIA reported a large rebound in East Coast ethanol stocks, which rose 3.8 percent nationally as hurricanes reduced blending.
Brazilian anhydrous ethanol prices rose for a second week.
Weaker ethanol margins and rising stocks reduce ethanol plant crush economics and can cut demand for corn. DDGS output also tends to rise when plants run harder, which pressures feed co-product prices.
grains.orgOct 10, 2017Not 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.
