NEWS
Ethanol Blog
George Orwel DTN Energy Reporter
Mon Jul 7, 2014 01:36 PM CDT

Spot ethanol values gained at the Kinder Morgan-operated Argo terminal in early trade Monday as traders moved to cover their short positions after the July 4th holiday weekend, offsetting falling corn and gasoline futures prices. "There are more buyers than sellers," said one Houston-based trader. "There are a few traders who were short, that's why Argo is strong," added an Omaha, Neb.-based trader. Prompt-delivered ethanol at the Argo hub near Chicago traded at $2.17 gallon for a 2.0cts gain, with any July Argo changing hands at $2.08 gallon.

George Orwel can be reached at george.orwel@telventdtn.com.

(ES)

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
DTN Distillers Grain Weekly Update
DTN Distillers Grain Weekly Update
DTN Distillers Grain Weekly Update
DTN Weekly Distillers Grains Update
DTN Distillers Grain Weekly Update
DTN Distillers Grain Weekly Update
China Ban Causes DDG Prices to Plummet