Ethanol crush spread strengthens after corn falls, ethanol flat, oil rising

In Illinois, corn retreated from last week’s high prices, while oilis rising and ethanol was flat — another strong wee for the ethanol “crush spread” between the price of corn and ethanol.

For the week, the December corn contract finished at $3.66, down $0.31 for the week, while ethanol was at $1.935, down $0.02 for the November contract. Oil crept up ti $77 in New York on belief that improving economies will strengthen energy demand.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Crush spread for corn ethanol improves to $1.59 per gallon with distillers grains included, despite falling ethanol prices

Crush spreads for corn ethanol are improving, according to the owners of Absolute Energy, who opened a 100 Mgy plant in Iowa last week. The crush spread, akin to the "crack spread" used to quickly det...

WSJ reports on “renewed life in the ethanol industry”; crush spread over $1 per gallon

In Illinois, the Wall Street Journal is reporting on "renewed life in the ethanol industry" and what Rich Feltes, vice president of research for MF Global, described to the Journal as "Christmas time ...

Aventine explores keeping assets, as ethanol crush spread quadruples

In Illinois, Aventine Renewable Energy has indicated a potential change of direction in reorganization under bankruptcy. Previously, the company had been looking at an outright sale, or sale of assets...

Biofuels Digest Index is flat at 60.18; large caps up, biodiesel falls

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, remained flat at 60.18 down 0.02 percent from Wednesday's close.  For the day, Archer Daniels Midland (ADM) lifted 0.59 percent...

Florida’s Agri-Source halves production as biodiesel “crush spread” evaporates

In Florida, the Agri-Source biodiesel plant in Dade City has reduced production from 3 Mgy by 50 percent as the crash in fuel prices have wiped out the required margin, or "crush spread", between fuel...

US corn prices drop 25 percent as bumper crop looms; ethanol crush spread doubles since April

[caption id="attachment_12851" align="alignright" width="300" caption="US corn prices have plummeted 25 percent in recent weeks"][/caption] US corn prices have dropped nearly 25 percent and have re...