NEWS
Ethanol Blog
George Orwel DTN Energy Reporter
Wed Jun 18, 2014 12:58 PM CDT

Spot ethanol prices spiraled lower Wednesday after data showed U.S. ethanol production increased to a record high last week, rising 28,000 bpd or 3.0% to 972,000 bpd during the week-ended June 13.

"Everything is coming off hearing there is too much production," said a broker. Today ethanol at Argo talked at a $2.10 to $2.12 per gallon bid/ask, down 7.0 cents.

Northern California ethanol for prompt delivery traded at $2.37 per gallon, down 2.0 cents. June New York Harbor ethanol barge talked at $2.18 per gallon, down 2.0 cents.

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 Daily Ethanol Comments
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments