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POET overtook ADM as the largest global fuel ethanol producer, according to company-provided production figures. POET also diverted some capacity at its Peoria, Illinois plant to beverage and industrial alcohol for higher margins.
A shift in ownership ranking and product mix has little direct effect on feed or grain prices, as the fuel ethanol volume is unchanged in aggregate.
reuters.comMichael HirtzerApr 30, 2018Not 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.
