E85 Price Drop Linked to RINs
Myke Feinman Refine Fuels Reporter
Thu Jul 25, 2013 02:09 PM CDT

STREATOR, Ill. (DTN) -- A recent surge in the price of corn-based ethanol Renewable Identification Numbers has resulted in lower prices at the pump for E85 and increased sales this month, said a presenter at the Commodity Futures Trading Commission committee meeting Thursday.

E85 is a concentration of up to 85% ethanol with 15% gasoline.

The CFTC convened a meeting of its Agricultural Advisory Committee to obtain the views of agricultural market experts.

"E85 sales have tripled," said Phillip Verleger of PK Verleger LLC, one of two presenters on ethanol RINs.

RINs, the credits used to show compliance with 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
EPA Cuts '13 Cellulosic Biofuel Mandate
Ethanol Campaign Ramps Up
Cellulosic Advantage Disputed
Ethanol Blog
Ethanol Blog
Ethanol Blog
Ethanol Blog
Ethanol Blog
Ethanol Blog
Ethanol Blog