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GRU - The Ethanol-Gasoline Spread's Impact On Corn And Archer Daniels Midland
AB Svensk Ekportkredit ELEMENTS Linked to the MLCX Grains Index - Total Return
Ethanol is a biofuel. In the United States, corn is the primary ingredient in the processing of ethanol because the US is the world’s leading producer and exporter of the coarse grain. In other parts of the world, other agricultural commodities are the input in the production of the biofuel. In Brazil, the world’s leading producer and exporter of sugarcane, it is the sweet commodity that is the input in the refining process to make ethanol.