Corn use for ethanol begins to slow down
he corn grind for ethanol has not had its usual seasonal bounce this year. There are a variety of reasons why, but mostly it’s been due to the declining crude oil and protein prices pinching processing margins.
Our latest reading shows the Iowa plant ethanol margin just falling below breakeven. Iowa State University’s last estimate for the end of May indicated plants were losing about 19 cents per bushel. But...
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