The Growing Ag-Energy Link | Presented by CME Group

Markets rarely operate in isolation, but few cross commodity relationships are direct as one between [music] the energy and the row crops. Around 40% of the US corn crop is used for ethanol [music] production, yielding roughly 15 billion gallons annually that are blended into the domestic gasoline supply under the renewable fuel standard. When gasoline prices rise, ethanol [music] blending economics approve and refiners compete more aggressively for corn, a dynamic that works its way directly into futures p ...