# Ethanol margins slump

> Continued pressure on ethanol margins is forcing biofuel refiners to re-evaluate operations amid mounting losses. Green Plains announced that it is permanently closing its 60 million gallon Virginia plant.

- Date: 2018-11-19 · published 2018-11-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62048-ethanol-margins-slump
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Refiner reassessments and plant closures reduce corn grind and co-product output, a mild bearish factor for corn. The story repeats the Green Plains closure already reported.

## Read by commodity

- CORN: bearish ▼

## Sources

- iowafarmbureau.com: https://www.iowafarmbureau.com/Article/Ethanol-margins-slump

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.