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Tharaldson Ethanol in Casselton, North Dakota, marked its 1 billionth gallon of fuel ethanol production on April 5 and announced a 180 million gallon, 7 percent capacity increase this year. The plant grinds about 60 million bushels of corn annually.
Expanded ethanol output adds modest corn demand and more DDGS supply, which is mildly bearish for DDGS prices and mildly supportive for corn in the Northern Plains.
agweek.comMikkel Pates, Agweek Staff WriterApr 10, 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.
