Ethanol Blog
George Orwel DTN Energy Reporter
Wed Mar 19, 2014 02:30 PM CDT

Spot ethanol prices soared to fresh multi-month highs midweek, rallying after federal data showed domestic ethanol supplies tumbled nearly 4.0% to a 3 1/2-month low of 15.3 million bbl while demand rose. East Coast supplies were drawn down to a record low at 4.5 million bbl.

Prompt Argo ethanol talked at a $2.85 to $2.90 per gallon bid/ask fresh four-month high, up 14.5 cents. CBOT April ethanol futures spiked 11.8 cents to $2.687 per gallon, off a $2.72 per gallon 8 1/2-month high. Prompt New York Harbor ethanol spiked 42.0 cents to $4.00 per gallon, the highest on record.

George ...

Quick View
Related News Stories
RFS Proposal Worries Farm Country
Funds to Expand Blender Pumps
RFS Deadline Approaches
Senators Back RFS' Original Intent