# CropEnergies cashes in on ethanol margins thanks to Ensus  : The Daily Digest

> CropEnergies shares rose toward record highs after its Ensus ethanol plant returned to operation during a period of higher-than-expected European ethanol prices. The company raised its full-year revenue expectation toward EUR1 billion, with traders estimating strong daily gross margins from lower wheat prices.

- Date: 2017-06-19 · published 2017-06-19T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/70502-cropenergies-cashes-in-on-ethanol-margins-thanks-to-ensus-the-daily-digest
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Cheaper wheat feedstock and higher ethanol prices widen European ethanol margins, which can keep wheat demand for industrial use firm while supporting co-product supply.

## Read by commodity

- WHEAT: bearish ▼

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/cropenergies-cashes-in-on-ethanol-margins-thanks-to-ensus/

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