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DTN's hypothetical 50-million-gallon Nebraska-style ethanol plant recorded a net loss of 37.9 cents per gallon in December, up from 34.4 cents in November. An accountant says plants do not expect margins to recover within the next quarter.
Persistent negative margins push plants to cut output, which reduces corn grind and corn demand. Weaker ethanol production also trims DDGS supply.
dtnpf.comTodd NeeleyDec 6, 2018Not 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.
