DTN Introduces ProphetX Ethanol Edition

Analytic power combined with ease-of-use means ethanol producers and traders can make smarter purchasing, planning and management decisions

Omaha, NE - DTN, a business-to-business provider of transaction management and real-time market information services, announced the release of DTN ProphetX Ethanol Edition. This new version of the popular ProphetX platform is a convenient, real-time solution that provides ethanol producers and investors with up-to-the-minute information, unbiased analytical commentary, advanced trading tools and industry specific production planning and risk management tools.

DTN ProphetX Ethanol Edition helps manage market volatility with unmatched agriculture and energy market intelligence. Price discovery is made simple with comprehensive coverage of futures, spot and rack prices, as well as cash grain bids. As a result, traders know if they received a fair price, where prices are headed and what local markets are doing with ethanol-specific futures and rack price data.

For financial planning and forecasting, ProphetX Ethanol Edition helps support investment decisions by monitoring input and output prices in real-time to find opportunities and lock in profits taking advantage of record prices and high market volatility.

An innovative risk and plant management tool, Ethanol Edition helps create customized "what if" scenarios, helping determine a plant's gross margins, hedges and exposed production risk. Producers make smarter feedstock purchases and project or fix revenues from ethanol and distiller grains – which is not only helpful in decision making, but also in creating reports and communicating important information.

"DTN ProphetX Ethanol Edition is a comprehensive solution for the growing biofuels market," said Robert Gordon, chief executive officer, DTN. "Our goal is to make it easy for ethanol producers and traders to see the real-time market activity, industry news and information that are impacting the market. We are committed to providing the tools and resources that analyze trends and help avoid risk to help our customers make smarter purchasing, planning and management decisions."

SOURCE: DTN