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CoBank's quarterly report says US ethanol output rose 3.5% in Q4 2020 to 14.7 million gallons a day, about 90% of pre-COVID levels. Operating margins for a representative Iowa plant fell 10 cents to 11 cents per gallon as corn prices rose 26% and natural gas rose 19%.
Higher corn costs squeezed ethanol margins, which can slow grind and reduce corn demand. Strong distillers grains values could support DDGS prices and partly offset that margin pressure.
mnbiofuels.orgLiliana Tovar2021年1月19日在过去 1,102 次看跌的报告事件之后，玉米 在 5 个交易日内中位数变动 -0.2%（47% 上涨；中间一半区间为 -1.8% 至 +1.3%），20 个交易日内为 +0.0%。
历史可比事件尚不足，暂无法给出历史解读。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
