Chicago Spot Ethanol Adds to Losses on Corn Futures Decline
Source: By George Orwel , DTN Energy Reporter • Posted: Thursday, July 7, 2016
In cash trade, prompt delivered ethanol at the Argo supply hub in the Chicago market traded at $1.56 per gallon, down 2.5 cents for the day. Chicago ethanol under Rule 11 for this week shipment traded 1.0 cent lower at $1.55 per gallon. On the East Coast, July New York Harbor ethanol barges were talked at a $1.60 to $1.64 per gallon bid/ask spread, down 3.0 cents on the day.