CME sees market sucking up ethanol surplus as production slows

Biofuels Digest
Meghan Sapp
August 21, 2012

In Illinois, the Chicago Mercantile Exchange says that ethanol production has fallen low enough to begin sucking up the surplus that has been hanging over the market, which will lead towards higher ethanol prices. Data from the DOE shows that ethanol production has slipped 15% since reaching a record high in December.

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