Software helps ethanol producers make business decisions.
Press Release Summary:
ProphetX Ethanol Edition(TM) provides ethanol producers and investors with real-time information, unbiased analytical commentary, trading tools, and industry-specific production planning and risk management tools. Price discovery is provided by comprehensive coverage of futures, spot, and rack prices, as well as cash grain bids. For financial planning, program supports investment decisions by monitoring input and output prices in real-time to find opportunities and lock in profits.
Original Press Release:
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, Neb., Sept. 19 /-- DTN, a leading business-to-business provider of real-time market, news and weather information services, today announced the release of DTN ProphetX Ethanol Edition(TM). 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."
DTN is a leader in agriculture and energy information services and offers the only complete ethanol trading platform. Until now, commodities trading tools either lacked the power and flexibility to meet the demands of increasingly complex markets, or have been so difficult to use traders never fully mastered the complete range of functionality. Improved features, such as extensive drag-and-drop, multi-view windows and a 'linked display concept,' found within ProphetX means a balance of power and ease-of-use which make successful trading decisions a reality.
About DTN
DTN, a private company based in Omaha, Neb., is the leading business-to- business provider of real-time market, news and weather information services to agriculture and energy trading markets and other weather-sensitive industries. The company delivers on-demand market information, commodity cash prices, industry news and in-depth analysis, and location-specific weather to over 120,000 subscribers through DTN for agriculture, refined fuels and trading markets, and DTN/Meteorlogix. More information can be found at www.dtn.com.
