Bloomberg News
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U.S. Ethanol Producers Suffering Negative Margins as Corn Price Rally Gathers Pace
Posted
June 19, 2019
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0:58Now PlayingU.S. ethanol producers are struggling with negative margins as the recent rally in corn prices continues unabated. Production remains strong however as producers absorb losses. The USDA is projecting a fall in corn usage via ethanol in 2019 unless corn prices lose steam.
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