Factors to watch for ethanol demand

news via Brownfield Ag News

The USDA did not lower its corn for ethanol use estimate in the latest supply and demand report, when many analysts were expecting a decline. Dale Durchholz, owner of Grain Cycles, tells Brownfield he’s watching one important indicator of demand, “The big number that people need to keep track of is finished motor gasoline supplied and it’s actually been a weak thing for quite some time and it really tells us if gasoline demand is soft, that means ethanol demand itself is...

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