NEWS
Ethanol Blog
George Orwel DTN Energy Reporter
Wed Jun 4, 2014 02:27 PM CDT

Spot ethanol prices were under heavy pressure Wednesday after U.S. data confirmed excess supply and weak demand. Energy Information Administration said ethanol stocks soared 800,000 bbl to a better-than 14-month high at 18.3 million bbl in the week-ended May 30.

Production rose 11,000 bpd while implied demand tumbled 36,000 bpd for the week. "Finally plants are running hard and export demand is going to take long to get back after last winter," said a broker.

Prompt ethanol at Argo traded $2.21 and $2.20 per gallon, down 9.0 cents, with New York Harbor ethanol pegged at $2.30 per gallon, down 6.0 ...

Quick View
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Super Food Silage has never gone out of fashion in Bath County, Kentucky, even when the lure of $6- to $8-pe...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Pick Contingency Plans - 2 Commodity payments are largely capped at $125,000 per person. People must also report under $900,...
  • Ask the Vet Some tips on fly control.
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