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
  • Crop Tech Corner In this week's Crop Tech Corner, researchers produce orange-colored corn with sight-saving capabi...
  • Strong Immunity Wins Two weeks after calving, cows lose body condition. But if she is short on nutrients, too, that dr...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Klinefelter: By the Numbers Farm lenders should halt their petty rivalry and focus on agriculture's best interest: Our nation...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • GOP Picks Conaway as House Ag Chairman The House Republican Steering Committee on Tuesday selected Rep. Michael Conaway, R-Texas, as the...
  • Head Start A Pennsylvania teen has two years of a farm-to-fork business under his belt and is looking to exp...
  • Woodbury: Farm Family Business One of the world's wealthiest families measures success not in dollars but in authenticity.
  • Ask the Vet A warning about bull breeding soundness.
Related News Stories
DTN Weekly Distillers Grains Update
DTN Distillers Grain Weekly Update
DTN Weekly Distillers Grains Update
DTN Distillers Grain Weekly Update
DTN Weekly Distillers Grains Update
DTN Distillers Grain Weekly Update
DTN Distillers Grain Weekly Update
DTN Distillers Grain Weekly Update
DDGS Could be Feast for Fish