EIA Weekly Ethanol Report
PostedEthanol production in the United States averaged 1.108 million barrels per day (bpd) in the week ended May 29.
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DTN Oil Update
PostedCrude and product futures rose for a third straight session Wednesday morning on concerns that intensifying Middle East hostilities were stalling an imminent end to the Iran war and reopening of the Strait of Hormuz, which is crucial to energy shipments.
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Farm Life
Family added enterprises to operation so future generations can continue the farm's legacy.
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What DTN Is Watching
On Wednesday, the EIA will release the weekly Petroleum Status report at 9:30 a.m. CDT, including last week's ethanol production. There are no other major reports scheduled. Traders will as always watch U.S. weather as well as the situation in the Middle East as fighting has again escalated through this week.
WeatherA system that has been spinning around the Northern Plains and Canadian Prairies is finally starting to push eastward on Wednesday, but will continue scattered showers and thunderstorms in the region throughout the day. Showers extend down through the Plains as well, producing some much-needed rainfall in some very dry areas of the country.
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