Ethanol Blog
Myke Feinman Refine Fuels Reporter
Tue Jul 22, 2014 12:53 PM CDT

After flat trade last week, spot biodiesel prices spiked 6.0 cents in the Houston supply hub Monday, with trade sources speculating on the cause.

"It's been a quiet trade so its possible somebody got behind and had to cover some shorts," speculated Jerrod Kitt, strategist for the Linn Group in Chicago, Ill.

A broker doubted that scenario, saying the biodiesel market lacks liquidity, adding "But that doesn't mean someone wouldn't do it."

Houston soy methyl ester biodiesel spot prices early Tuesday afternoon were unchanged at Monday's $3.51 per gallon better-than one-week high.

Myke Feinman can be reached at


Quick View
  • One Tool Down Cotton and sorghum growers will face limited options for 2016 pest control after the EPA cancelle...
  • Land Price Tug-Of-War Some landowners who converted pasture ground for row-crop production may be wishing they could tu...
  • Blender Pump Push A partnership between USDA and states and private companies is set to nearly double the number of...
  • Landmark Illinois Sale Agriculture's first cropland REIT acquired 120 Illinois farms in a single record-breaking purchas...
  • Kansas Water Challenge With a continued Kansas drawdown on the Ogallala Aquifer, state officials Wednesday outlined some...
  • Crop Insurers Fight Cut The federal crop insurance program goal of a 14.5% targeted rate of return, which would be cut un...
  • FDA: Biotech Labels Not Needed The FDA on Thursday issued a regulatory guidance for voluntary labels of foods from biotech crops...
  • Farmland's Elephant Hunter The man who bagged 120 Illinois farms last week reflects on the future of ag REITs and why cash r...
  • Ask the Vet I swear our bull's testicles are smaller than they were last year and our conception rates are do...
Related News Stories
From Sci-fi to Reality
Ethanol Stocks, Production Higher
Ethanol Briefs
Blender Pump Push
Ethanol Stocks Drop to 10-Month Low
EIA: Ethanol Stocks Decline
DuPont Pleads Case
EPA IG to Review RFS
Ethanol Stocks, Demand, Output Rose
CEPEA: Sept. Brazil Ethanol Prices Rose