High US toluene prices draw focus but not many shipments Recent high toluene prices in the US have been attracting interest from Europe and Asia as traders eyed potentially open arbitrage opportunities. A steep backwardation in the market, though, had...More...
US ethanol prices swaying with changing supply picture
Ethanol prices fell 10 cents/gal on August 6, 2008, in Chicago, pushed lower by dramatically weaker corn prices, market sources said. August trade in Chicago at the benchmark terminal Argo rated $2.14-2.15/gal. The Platts assessment on August 5 was $2.24-2.25/gal. Read the full story...
USDA drops corn price forecast 60 cents to $5.40/bushel The US Department of Agriculture slashed its corn price estimate for the 2008-09 season by 60 cents August 12, forecasting a season-average farm price at $4.90-$5.90/bushel the agency said, as farmers shrugged off the worst flooding in 15 years and are expected to harvest the second-largest US corn crop in history. More...
USDA drops corn price forecast 60 cents to $5.40/bushel
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