Crush Economics Over Futures: How Ethanol Margins Are Quietly Driving Next Season's Corn and Soybean Acreage
Corn futures prices capture headlines, but the ethanol production spread is doing the heavier analytical work when it comes to forecasting next season's planted acres. Understanding how crush margin compression and expansion ripple through planting decisions—particularly in regions where corn and soybeans compete for the same ground—gives professional operators a meaningful edge over those waiting on USDA reports.