NEWS
Ethanol Blog
George Orwel DTN Energy Reporter
Fri Jan 10, 2014 02:40 PM CST

Midwest spot ethanol prices were boosted by a U.S. Department of Agriculture report that cut corn supply estimates while raising demand for corn by ethanol producers, prompting a rally for the Chicago Mercantile Exchange corn futures.

The report raised corn used to produce ethanol by 50 million bushels, showing continued strong ethanol production and a higher forecast for 2014 gasoline consumption.

Prompt transfer ethanol at the Argo terminal near Chicago traded at $2.20 per gallon after being talked this morning at a $2.12 to $2.16 per gallon bid/ask. Chicago ethanol traded under Rule 11, which is for shipments to the ...

Quick View
  • Is Your Burndown Working? A cool, wet spring and the spread of herbicide-resistant weeds mean farmers should take the extra...
  • Gains on Covers It took Jerry Doan several years and a lot of trials, but the North Dakota beef producer has lear...
  • Side-by-Sides and Cool Helmets Side-by-side manufactures continue to roll out new machines and machine updates. Here are two more.
  • Stress Test for Borrowers Farm finances rate an "A" now, but economists debate if that's good enough to handle a major corr...
  • Senators Question EPA A group of U.S. senators Wednesday told President Barack Obama that his administration has not fo...
  • Climate Work Ahead at USDA Ag Secretary Tom Vilsack spoke about GOP complaints regarding the Obama administration's work wit...
  • Full-Circle Farming Bill Couser sees farming as a full circle. If it comes off the farm, it can go back into the farm.
  • Making the Grade What if corn isn't cheap the next five years? Fickle price projections can sway farm bill choices.
  • Ask the Vet What's my best bet for fly control?
Related News Stories
Biodiesel Advocates Fight Back
Cellulosic Under Construction
Indiana Biodiesel Producer Charged