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U.S. ethanol producers are expanding capacity and running plants at full throttle to take advantage of low corn prices. Output hit records in 2017, and industry capacity is set to grow further, with saturated domestic demand and lost exports tied to trade disputes.
Rising ethanol output uses more corn and produces more DDGS, supporting corn and co-product demand, but oversupply and weaker margins could reduce plant profitability and future corn grind.
mnbiofuels.orgAshwin RamanSep 25, 2017Not 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.
