Declining Corn Production, Too Much Capacity Squeezing Ethanol Profits

While the expected fall off in corn production and rising prices during the current cropping year could help bolster the sagging bottom lines of growers, it’s adding to the anxiety levels of ethanol producers who are already looking at extremely tight operating margins. 

Charles Glass of the Glass Management Group says, “The number of acres planted in 2019 is becoming clearer and the USDA is currently suggesting that planted acres might be down by 5%…

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