Ethanol crush margins fall further into negative territory

In Texas, Platts reports that crush margins of corn-based ethanol in the US continues to be in negative territory, estimating a loss of 9.63 cents for every gallon produced. That’s 77 cents lower than a week prior. Ethanol production has been going in a seesaw movement in recent weeks, dropping and increasing from one week to the next as it tries to find a spot where margins can run positive but stocks continue to rise.