# US ethanol producers feeling the pinch from Trump trade war

> U.S. ethanol producers reported quarterly losses and blamed the trade war with China and renewable fuel policy for their problems. Green Plains posted a $12.5 million third-quarter net loss, and China, which had been expected to import about 200 million gallons this year, has been absent from the market for months.

- Date: 2018-11-11 · published 2018-11-11T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/62049-us-ethanol-producers-feeling-the-pinch-from-trump-trade-war
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Loss of Chinese ethanol demand and the resulting inventory glut reduce demand for U.S. corn and DDGS. U.S. ethanol futures near decade lows point to continued weakness in corn processing demand.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-06-28 | [Farm Economist says the USDA has Ways to Aid Domestic Producers During a Trade War \| Ideastream Public Media](https://feedsoft.ai/events/64523-farm-economist-says-the-usda-has-ways-to-aid-domestic-producers-during-a-trade.md) | -1.1% | -2.3% |
| CORN | 2018-07-17 | [There's one commodity that may benefit from Trump's trade war \| The Peninsula Qatar](https://feedsoft.ai/events/63976-there-s-one-commodity-that-may-benefit-from-trump-s-trade-war-the-peninsula.md) | -0.7% | -0.1% |
| CORN | 2021-06-24 | [U.S. accuses Mexico of violating trade deal \| The Western Producer](https://feedsoft.ai/events/46587-u-s-accuses-mexico-of-violating-trade-deal-the-western-producer.md) | +4.6% | -5.8% |
| CORN | 2019-09-12 | [US ethanol exports slow as producers diversify away from China :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)](https://feedsoft.ai/events/57069-us-ethanol-exports-slow-as-producers-diversify-away-from-china-content-tap-oan.md) | +4.8% | +9.0% |
| CORN | 2020-04-30 | [USD/JPY extends recovery gains above 107.00 as US Pres. Trump renews trade war fears - Forex Crunch](https://feedsoft.ai/events/53861-usd-jpy-extends-recovery-gains-above-107-00-as-us-pres-trump-renews-trade-war.md) | +1.9% | +2.3% |

## Sources

- hydrocarbonprocessing.com: https://www.hydrocarbonprocessing.com/news/2018/11/us-ethanol-producers-feeling-the-pinch-from-trump-trade-war/

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