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HURRICANE HARVEY DISRUPTS OVER A THIRD OF U.S. CHEMICAL PRODUCTION

NEGOTIATOR’S TAKE: Hurricane Harvey has caused chemical and plastic prices to rise   |   08.28.17 – American Southwest – Recent mega-storm shuts 37% of U.S. chlorine output and 40% of ethylene; price gains have been urgently seen in already tight

Ethanol at six-week low on EIA report

Last week, Ethanol declined to a six-week low after a government report showed production of the biofuel rose to a record. Ethanol futures for August tumbled 3.7% to $1.991 a gallon in Chicago. Corn futures for July, meanwhile, stood 1.0%

GMO corn in trouble

China turned away at least 1.45 million metric tons of corn since late November, “substantially greater” than the 908,800 reported by the Chinese government, the National Grain & Feed Association, based in Washington, said in a statement last week. The