NEWS
Ethanol Blog
George Orwel DTN Energy Reporter
Thu Jan 23, 2014 02:28 PM CST

U.S. spot ethanol prices in Chicago area extended lower in early afternoon trade Thursday after federal data showed domestic production rebounded above 900,000 bpd last week. This was after a sharp drop during the prior week. Total ethanol supplies were pushed up to a six-month high at 17.0 million bbl.

Midwest supplies increased 400,000 bbl to 6.6 million bbl, the highest since mid-April 2013. Today transfer ethanol at Argo hub near Chicago was talked at $1.83 per gallon, down 6.0 cents on the day. Chicago ethanol traded under Rule 11 for this week's fuel shipments to the East and Gulf ...

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