NEWS
Ethanol Blog
George Orwel DTN Energy Reporter
Fri Apr 24, 2015 04:44 PM CDT

Spot ethanol prices retreated in Chicago during a choppy trade session Friday amid pre-weekend profit-taking and lower Chicago Board of Trade corn futures.

Spot-month CBOT corn futures fell to a five-month low as forecasts for light rain and warmer weather would encourage farmers to speed up crop planting next week after a slow start.

April Argo ethanol was talked at $1.595 per gallon, down 2.0 cents, with May prices last heard at a $1.57 to $1.5825 per gallon bid/ask spread. Chicago ethanol traded under Rule 11 for next week shipment traded at $1.61 per gallon while this week shipment was ...

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