Iowa Ethanol Gross Production Margin in 2020 - Impacts of COVID-19
posted by Jing Tang on Monday, July 6, 2020
In the past three months, we have been through a unique and difficult situation due to the COVID-19 virus. Because of the pandemic, the demand for gasoline dropped dramatically, which reached the lowest demand within a couple of decades. This led to the demand for ethanol decreasing significantly. We analyzed and updated this series article that was previously done in the summer of 2019, which talked about how the Iowa ethanol gross production margin (GPM) behaved.