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Cautious optimism looms over US ethanol markets into 2024 after near-3-year lows to end the year

January 4, 2024 Comments Off

The US ethanol industry awaits key policy support in 2024 after markets tumbled to near 3-year lows to end the year. Despite the slide in values observed in the fourth quarter, US ethanol producers enjoyed positive margins for the entirety of 2023, a feat that has been rare in the ethanol industry over the last decade. According to S&P Global…