What You Need To Know Today: 

Ethanol margins continue to run well above year-ago and normal seasonal values, but have slipped in recent weeks on weaker DDGS and ethanol pricing. WPI’s models project a steady decrease in returns to ethanol production following the end of the summer driving season. The decline in ethanol production margins, however, will be insufficient to pressure the grind rate. Biodiesel margins are jumping to new record highs as D4 RINs prices hover near two-year highs, and soyoil values retreat. The EPA’s latest RVOs suggest D4 RINs values and biodiesel demand will both remain strong through the end of the year. 

Ethanol  U.S. ethanol plant margins have moderated somewhat since their recent...