ICM and The Andersons are building a biorefinery in Colwich, Kansas, that will produce a higher-quality DDG without fiber. The fiber is removed earlier in the process to make cellulosic ethanol.
The product is intended to compete with soybean meal rather than corn-based feed.
A fiber-free DDG aimed at soymeal customers could add protein supply to the feed market once operating, modestly pressuring soymeal prices. The effect depends on start-up timing and pricing.
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.