The profitability of an average 100 million gal/year (378 million lit/year) ethanol plant based in the Midwestern US region surged in April to the highest since November 2011 due to falling input costs, a study from Iowa State University ...
Tags: Ethanol Margins, ethanol plant
Commodities giant Archer Daniels Midland has booked a drop in full-year profits as record corn prices hit earnings in the fourth quarter. In the three months to the end of June, net profit fell 25% to US$284m, while operating profits slid ...
Tags: corn, corn prices, corn crop
South African poultry group Astral Foods has booked a 23% drop in full-year earnings on higher grain prices and greater competition from European and South American poultry importers. Net income fell to ZAR392m (US$38m) in the year to end ...
Tags: Astral Foods, drop, earnings, corn costs
Ethanol producers in the US, the world's largest maker of the biofuel, saw margins sink further into negative territory in October as selling prices fell around 4% from September, according to a study by Iowa State University. ...
Tags: Ethanol producers, biofuel, selling prices