Rising Corn Prices Hurt Ethanol Margins: Heavy Midwest Rains Drive Up Corn Prices, Hit Ethanol Producers Hard
by Todd Neeley (DTN Progressive Farmer) ... The latest planting progress report tells the story for worsening ethanol margins. An estimated 58% of U.S. corn was planted as of last Sunday, the slowest progress since at least 1980. Corn planting was up