NEWS
Ethanol Blog
Myke Feinman Refine Fuels Reporter
Fri May 31, 2013 03:34 PM CDT

Spot ethanol prices at the Argo supply hub east of Chicago spiked 4.5 cents to a $2.76 to $2.80 gallon bid/ask range in light trading Friday on rising Chicago Board of Trade corn futures and continued tight supply.

"Near term supplies are tight, and the weather is still very wet," one broker asserted Friday afternoon.

New York Harbor spot ethanol surged 5.0 cents to a $2.81 to $2.85 bid/ask spread, while product at West Coast markets was talked 2.0 cents higher in a $2.84 to $2.88 gallon range.

Despite higher values talked, physical trades are slow.

"There is no physical ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, researchers produce orange-colored corn with sight-saving capabi...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
(none currently available)