# Rising corn prices squeezing Midwest ethanol producers  : The Daily Digest

> Platts reports that rising corn prices are squeezing Midwest ethanol crush margins, which fell to 2.96 cents per gallon. Corn futures rose nearly 14 cents in a week after China dropped its investigation into US sorghum exports. Ethanol output is still above 1.05 million barrels per day.

- Date: 2018-05-22 · published 2018-05-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65026-rising-corn-prices-squeezing-midwest-ethanol-producers-the-daily-digest
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher corn prices and tighter ethanol margins could slow ethanol output and reduce DDGS supply later. The sorghum-probe news lifted corn and other grains.

## Read by commodity

- CORN: bullish ▲

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/rising-corn-prices-squeezing-midwest-ethanol-producers/

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