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The Andersons reported improved ethanol margins, according to a Biodiesel Magazine item dated May 15, 2018. The item gives few further details.
Better ethanol margins suggest steadier ethanol production and corn grind, which is a modest support for corn demand.
biodieselmagazine.comMay 15, 2018After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
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.
