The latest quarterly report by CoBank says the severity of the coronavirus pandemic has varying impacts through the agricultural sector.

The report says despite the pandemic, U.S. grain is moving, and basis has been tightening since April 1.  Wheat exports and domestic demand is also strong.  Analysts say ethanol margins have waivered with renewed COVID-19 restrictions in some states, but they expect ethanol fuel demand to recover next year to almost 90 percent of pre-COVID levels.

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