A report from CoBank says abundant production will keep ethanol margins weak for the rest of 2019. The report, outlining sluggish ethanol demand, says a higher corn price because of declining production could force some ethanal plants to shut down or idle production.
The report is optimistic about ethanol exports because of China’s plan to convert to E10 by the end of 2020, accounting for about five billion gallons of ethanol.
Continue reading CoBank report suggests weak ethanol margins at Brownfield Ag News.
