The monthly WASDE report from this morning showed a massive 200 mbu cut to the US corn ending stocks numbers to 1.738 billion bushels. That came via a 50 mbu increase to the ethanol side of the balance sheet, as well as a 150 mbu increase to exports. On the world front both Brazil an...
Clean Tech USDA Corn Acreage Report Drops Corn Acres by 8 %, Ethanol Margins SqueezedSqueezed, Ethanol Margins
Ethanol prices at the Argo, Illinois terminal recently rose as customers have drawn down inventories, industry sources told F.O. Licht. The US Army Corps of Engineers is scheduled to begin a locks maintenance project on the Illinois River on July 1. The project limits barge traffic into and ...
The corn price projection was boosted to USD3.80 per bu ex farm from USD3.30, that for the current season to USD3.60 from USD3.50.F.O. Licht's World Ethanol &Biofuels Report GroupF.O.Licht's World Ethanol & Biofuels Report