# POET unseats ADM as top global fuel ethanol maker

> 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.

- Date: 2018-04-30 · published 2018-04-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65500-poet-unseats-adm-as-top-global-fuel-ethanol-maker
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

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.

## Sources

- reuters.com: https://www.reuters.com/article/business/poet-unseats-adm-as-top-global-fuel-ethanol-maker-idUSKBN1I113D/

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