Ethanol Blog
Rick Kment DTN Analyst

Thursday 12/06/12

Ethanol Weakens on Corn Pressure

Ethanol futures prices slipped lower through the trading session as the weakness in the corn market Thursday sparked additional weakness in the ethanol complex.

The inability for ethanol prices to gain significant support over the previous couple of days, when moderate support was seen in grain markets, is also creating some caution that the recent slowing gasoline and ethanol demand could continue to erode through the energy markets.

January and February futures lost 1.2 cents per gallon, with January contracts closing at $2.409 a gallon. Even if there remains challenges to increase overall demand for ethanol, traders continue to focus on the historically strong corn prices which are keeping margins depressed for ethanol producers.

Rick Kment can be reached at

Posted at 3:21PM CST 12/06/12 by Rick Kment
Post a Blog Comment:
Your Comment:
DTN reserves the right to delete comments posted to any of our blogs and forums, for reasons including profanity, libel, irrelevant personal attacks and advertisements.
Blog Home Pages
April  2015
         1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30      
Subscribe to Ethanol Blog RSS
Recent Blog Posts
  • An Economic Case for Ethanol
  • Spot Ethanol Gains at Argo, Steady in New York Harbor
  • Grains Council Works to Open Cuban Markets
  • Ethanol Production Sliding Lower
  • Spot Ethanol Advances After Bullish Weekly Supply Report
  • D6 RINs Extend Higher; Spot Ethanol Prices Flat
  • D6 RINs Edge Higher While Spot Ethanol Prices Ease
  • Corn Prices Remain Range Bound
  • DDGS Rise to Highest Level in Five Months
  • Spot Ethanol Prices Weaken Amid Sluggish Demand
  • Gasoline Stocks Change Direction
  • Spot Ethanol Prices Mostly Flat in Lackluster Trade
  • Spring Buying in the Air
  • DDG Prices Rise Slightly in Slow Week of Trade
  • Ethanol Drawing From Strong Gasoline Demand
  • Grains Council Targets Caribbean Markets
  • Spot Ethanol Prices Mixed in Thin Trade
  • April 1st Buying Frenzy on Supply Reductions
  • Bullish EIA Supply Report Spurs Rally for Ethanol Prices
  • Spot Ethanol Prices Moved Mixed After USDA Report