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Kansas State University economist Dan O'Brien said ethanol grind has been very strong, but ethanol stocks are building. Plant profitability is near breakeven.
Strong grind supports corn demand, but rising ethanol stocks and thin margins may lead plants to slow production, reducing future DDGS supply.
Not 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.