
Cepea's monthly review shows that Brazilian ethanol prices rose in October, with hydrous ethanol averaging R$2.72 per liter (up 7.89%) and anhydrous ethanol averaging R$3.23 per liter (up 11.52%) in São Paulo. Cattle and sugar prices also rose on limited supply, while corn and soybeans came under pressure from high availability and crop expectations.
Firmer ethanol prices support demand for corn as an ethanol feedstock and tighten DDG availability, while limited cattle supply supports feedlot demand for feed. Abundant corn and soybean supplies weigh on feed grain and meal prices.
Not 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.
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.