Tag: Argo Ethanol

Canadian National Railway embargo on Argo ethanol seen ending Friday

Canadian National Railway embargo on Argo ethanol seen ending Friday

September 13, 2018 |

In Illinois, Reuters reports that Canadian National Railway cited oversupply and traffic congestion as reasons for halting its ethanol deliveries to Kinder Morgan’s benchmark Argo terminal on September 5 but could lift the embargo as early as Friday. With the market oversupplied and prices at multi-year lows, the temporary embargo hasn’t had any impact on […]

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Argo ethanol highest in four months thanks to slowing production

Argo ethanol highest in four months thanks to slowing production

February 19, 2018 |

In Illinois, Platts reports that ethanol production has finally begun to slow down while export demand remains steady for the moment, lending a bullish tone to the market that has led the Argo ethanol price to a four-month high of $1.4780/gal, the highest since October 2. December saw the highest volume of exports on record […]

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