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An industry article describes how biofuel producers are diversifying into co-products, noting 44 million tonnes of animal feed are produced annually by ethanol and 8-9 million tonnes by biodiesel. It covers emerging uses including aquaculture and road repair.
Growing co-product output adds to feed supply, a mildly bearish factor for DDGS over time, though the article describes no immediate price move.
informaconnect.comJacques MossJul 16, 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.
