The United States Department of Agriculture released its National Weekly Ag Energy Round-Up for the week ending May 15, covering updates on ethanol, biodiesel, and other agricultural energy commodities.
The report provides a snapshot of prices and trends in the agricultural energy sector, which is important for producers and stakeholders tracking market changes. The data includes ethanol prices in several Midwestern states as well as information on biodiesel and related feedstocks.
According to the USDA Livestock, Poultry & Grain Market News report issued on May 15, Iowa ethanol was priced at $2.40 per gallon. Ethanol prices in Iowa ranged from $1.80 to $1.90 last week and a year ago were between $1.60 and $1.66 per gallon. Minnesota’s ethanol price was listed at $2.20 per gallon this week compared to last year’s range of $1.66 per gallon; Nebraska reported a price range from $1.61 to $1.74 per gallon a year ago but did not have current or previous week’s figures available.
Other highlights include crude soybean oil prices in Central Illinois at 74.16 cents per pound this week compared to last week’s average of 75.34 cents and last year’s average ranging from 47.82 to 49.57 cents per pound.
Waitt Grain Company operates within the grain and agriculture sector with headquarters at 22755 Six Points Road in Sheridan, Indiana; it shares resources with Waitt Trucking and concentrates on market information services including commodity quotes for corn, soybeans, wheat as well as weather updates and mobile alerts according to the official website.
As market conditions continue evolving across regions such as Iowa, Minnesota, Nebraska, South Dakota, Wisconsin and others covered by the USDA report—stakeholders are encouraged to monitor weekly releases for updated pricing information.
