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Prompt ethanol at the Argo terminal traded at $1.42 per gallon, down half a cent on the session. Domestic plant output rose 12,000 bpd to a four-week high of 1.053 million bpd.
Chicago spot supply for rail shipment rose to a one-week high, and trade sources described the market as tight.
Ethanol output is rising, but the market remains tight, so ethanol price moves have limited direct effect on feed-ingredient prices.
dtnpf.comDawn Gallagher DTN Energy ReporterJun 13, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
