NEWS
Ethanol Blog
George Orwel DTN Energy Reporter
Tue Jan 7, 2014 02:56 PM CST

Spot ethanol prices rallied in the Chicago physical and paper markets on Tuesday afternoon amid concerns about supply and severe weather conditions in the Midwest. Kinder Morgan declared a force majeure at its ethanol terminal in Argo, near Chicago, on Jan. 5 because of an arctic blast that affected operations.

Kinder Morgan said it expects to resume operations on the morning of Jan. 8. There are no products going into or coming out of the Argo terminal. However, a trade was reported at $2.18 per gallon for Jan. 13 delivered physical ethanol, while prompt delivered product was talked at a ...

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