Across the Midwest, ethanol production is picking back up again with 897,000 barrels of ethanol produced last week—the highest since June 2012. That increase in production has boosted corn prices, however, though prices remain less than $4.5 per bushel rather than $6 per bushel seen earlier in the year. High demand for DDGS, especially from China, are supporting margins for ethanol producers.
More background on the story from the Digest
Category: Producer News