# Argo Spot Ethanol Slips as Plant Output Climbs

> 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.

- Date: 2018-06-13 · published 2018-06-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/64526-argo-spot-ethanol-slips-as-plant-output-climbs
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Ethanol output is rising, but the market remains tight, so ethanol price moves have limited direct effect on feed-ingredient prices.

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/ethanol-blog/blog-post/2018/06/13/argo-spot-ethanol-slips-plant-output

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.