# Official: Ethanol still profitable, despite record inventories - Brownfield Ag News

> U.S. ethanol inventories hit a record 23.7 million barrels last week. An Iowa-based ethanol producer says margins remain profitable, with plants able to lock in 15 to 25 cents, and expects stocks to shrink as driving season picks up.

- Date: 2017-04-12 · published 2017-04-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71494-official-ethanol-still-profitable-despite-record-inventories-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Record ethanol stocks are bearish for ethanol output and corn grind, which reduces DDGS supply pressure only if production is cut. Continued margins mean plants are likely to keep running, supporting ongoing DDGS and corn byproduct supply.

## Read by commodity

- CORN: neutral
- DDGS: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/official-ethanol-still-profitable-despite-record-inventories/

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