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U.S. ethanol prices softened in the week of July 26, 2017, with CBOT ethanol futures down 2.5 cents and FOB Gulf prices off 1.1 cents. EIA data showed ethanol stocks roughly unchanged, breaking a four-week decline, with the increase concentrated on the Gulf Coast.
Rising ethanol stocks and lower gasoline and corn futures weigh on ethanol values, though lower corn helps producer margins. Feed buyers should expect little direct pressure on DDGS from this softer ethanol tone.
grains.orgJul 26, 2017Not enough comparable past events yet for a historical read.
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.
