NEWS
Ethanol Blog
George Orwel DTN Energy Reporter
Thu Jul 31, 2014 03:39 PM CDT

Spot ethanol prices fell again in early trade Thursday after federal data Wednesday showed excess supplies, with analysts expecting the downtrend to continue for some time. This is because corn prices at four-year lows were leading to more domestic ethanol production.

Prompt Argo ethanol traded at $2.09 per gallon, down 3.5 cents, while August New York Harbor ethanol barge traded at $2.215 per gallon, down 1.0 cents. "With (corn) prices this low, ethanol plants are buying (feedstock) through September," said analyst Brendan Marshall at North Star.

"Ethanol is very profitable now, so this week stocks are up but most of ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
Senate OKs Biofuels Tax Credits
D6 RINs Down 1% in November
RFS Future Uncertain
KS, NE Sue EPA Over Emissions Model
Ethanol Production Hits Record High
Biofuel Briefs
EIA: Output Down
E15 Now In Florida Market
Ethanol Stocks Fall; Demand Up
Cellulosic Certainty Sought