Loading…
U.S. ethanol prices rose 2.2% in the week to late October and edged up a further 0.4% through Tuesday's close, with Midwest rack ethanol at 57.32 cents per liter. FOB Houston fell 11.1% over the prior week, while FOB Santos, Brazil rose 1.5% to 64.99 cents per liter, narrowing the Gulf-Santos spread to a discount of 12.25 cents per liter.
A wider Brazilian premium over Gulf ethanol pulls export demand toward Brazil and supports corn-based ethanol margins in the US. Strong ethanol values support co-product (DDGS) demand, but the sharp Houston drop signals softer domestic prices.
grains.orgNov 4, 2026Not 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.
