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Midwest banks are concerned that ethanol profits have been squeezed by low prices, weather-hit corn costs and EPA waivers of renewable fuel requirements for refiners. Ethanol prices are more than 16% lower than last summer, and profits have settled below 5 cents per gallon.
Federal waivers that reduce ethanol blending requirements weaken ethanol demand and can cut plant corn grind. Plant closures or idling would reduce DDGS output and corn demand.
在过去 310 次看跌的政策事件之后,玉米 在 5 个交易日内中位数变动 +0.3%(54% 上涨;中间一半区间为 -1.4% 至 +1.9%),20 个交易日内为 +0.6%。
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。