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.
