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Ethanol Margins Show Improvement

Plants have been cutting production costs; ethanol prices have been on the rise

Car fueling up

Ethanol margins have seen significant improvement since August 1, as plants have been cutting production costs, and ethanol prices have been on the rise, reports Ohio's Country Journal.

A number of ethanol plants have scaled back production during the past year in response to tough market conditions.

In addition, the price received for dried distillers grains fell from $130 a ton to $125 for this update.

DTN Analyst Rick Kment said efforts by ethanol companies to cut production costs have helped to improve the ethanol market.

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