NEWS
Ethanol Blog
George Orwel DTN Energy Reporter
Wed May 21, 2014 12:29 PM CDT

Spot ethanol prices rallied in early trade Wednesday after the Energy Information Administration reported U.S. ethanol stockpiles declined to a four-week low as imports slowed and overall production was little changed. EIA data detailed a 300,000 bbl stock draw to 17.0 million bbl, with most of the draw seen along the West and Gulf Coasts.

Today, Argo transfer ethanol traded $2.30 per gallon right after the data came out, with talk at $2.30 to $2.36 per gallon bid/ask, up 6.0 cents.

On the West Coast, California prompt delivered ethanol traded at $2.60 per gallon, up 7.0 cents, while Pacific Northwest ...

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