NEWS
Ethanol Blog
Myke Feinman Refine Fuels Reporter
Wed Nov 13, 2013 01:38 PM CST

Spot ethanol prices rallied at the New York Harbor and Argo hub near Chicago due to a supply shortage and robust demand for gasoline blending, sources said.

"I think people are short more than strong blending demand," commented a trade source this morning. "Prompt (supply) is tight, pushing (prices) up."

Spot ethanol at the New York Harbor for ethanol barge was talked in a $2.25 to $2.27 bid/ask spread, a sharp 19.5 cents increase from Tuesday. Ethanol at the Argo hub near Chicago gained 7.5 cents, talked at $1.95.

Myke Feinman can be reached at myke.feinman@telventdtn.com

(ES)

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
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments
DTN Daily Ethanol Comments