Cash Strategist 10/25/2023
Plenty of print has been used this fall on the poor start to the U.S. export program for corn and soybeans (including this very space), but the domestic side of demand in the U.S. has been a much different story. Strong crushing margins this fall for both ethanol and soybean crush have supported a strong start to usage for the new marketing year.
For the ethanol sector, the autumn period is typically marked by low margins. The exact opposite is occurring this fall. Some of the best margins ever for this time of year have been recorded so far. Strong margins are currently calculated through the end of the year. The U.S. Energy Information Administration releases ethanol production data every Wednesday morning. For production the week ended Oct. 13, ethanol producers set a record daily production of ...
Members Only Content
Join Iowa Farm Bureau or login to view all members only content and receive other member benefits.