An ethanol market outlook suggests the next six months will
be “touch and go” for many in the industry.
Raymond James and Associates research analyst Pavel Molchanov says the crush spread is bottoming out, causing ethanol plants to idle production or in some cases close.
“That is the sign of a re-balancing market.”
He says a similar situation occurred in the oil market several years ago when barrels dropped to $30 dollars.
Continue reading Ethanol outlook “touch and go” first half of 2019 at Brownfield Ag News.
