NEWS
Ethanol Blog
Fri Dec 14, 2012 02:53 PM CST

Spot ethanol prices were shallowly mixed in thin trade early Friday as Chicago Board of Trade corn futures gained while weak fundamentals for ethanol weighed against the temptation by hedge funds to cover short positions in the oversold market.

"Regarding corn, I agree (because) at these lower levels I could see funds supporting," said a key trader whose company also operates ethanol plants. "Regarding ethanol, oversupplied market and lack of demand is a killer."

George Orwel can be reached at george.orwel@telventdtn.com.

Quick View
  • Enlist Cotton Approved USDA has made its final decision to deregulate Dow AgroScience's Enlist cotton trait, which means...
  • Market Moves Weaning and preconditioning top the list of aggravating and expensive chores for most ranchers. C...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Batten Down the Hatches Purdue economists forecast multiple years of negative or narrow margins for corn and soybean prod...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Woodbury: Farm Family Business Agendas don't always lead to immediate decisions, but can still cement your family unity.
  • Multi-Year Losses Spur Concern The recent price rally offered growers a welcome opportunity to price 2014 and 2015 crops, but it...
  • Ask the Vet The vet says my calf had Mannheimia. What is that?
Related News Stories