05.
01.22
10:23

Ethanol production increased in the USA

In Paris, the bulls also took the lead in corn, generating moderate profits. The front month, which was soon to come to an end, took off and recorded a strong price increase of 24.00 euros / ton. On the other side of the Pacific, corn prices moved significantly into profitability. On the one hand, the currently strong ethanol production supported the buying mood. In November, 468.8 million bushels of corn were processed. Such a value was last reached over four years ago. On the other hand, the effects of the "La Nina" weather phenomenon are keeping producers in large parts of South America in suspense. No easing is expected in the coming weeks either, so that the earnings prospects could be significantly reduced.

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