Ethanol Blog
Rick Kment DTN Analyst

Tuesday 01/15/13

Ethanol Futures Adjust to Corn Rally

Even though Tuesday's move in the ethanol market was significantly less dramatic than the previous two trading sessions, the rally in front-month February futures of 1.3 cents per gallon moved the ethanol market back to $2.34 per gallon.

This is a price not achieved in the February contract since early December. Overall, the building support in the corn market following the Friday release of the USDA crop production report has accounted for a gain of nearly 10 cents per gallon in front-month contracts.

Given the lack of activity through the grain and ethanol markets, it seems that the initial surge in buyer interest through the corn market has eroded.

This could limit additional trade interest seen in nearby ethanol contracts. The focus of the market remains on front-month ethanol contracts, as traders continue to balance large ethanol supplies with uncertainty about corn supplies for future ethanol production.

Rick Kment can be reached at

Posted at 5:19PM CST 01/15/13 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
  • Spot Ethanol Prices Retreat on Profit-Taking
  • DDG Prices Drop as Barge Freight Falls
  • West Coast Spot Ethanol Prices Spike on Short Squeeze
  • Spot Ethanol Prices Pressured by Bearish EIA Data
  • DDGS Play Vital Role in Nebraska Ethanol Impact
  • Spot Ethanol Prices Flat to Up as Supply Data Eyed
  • Argo, PNW Spot Ethanol Prices Nudge Higher in Thin Trade
  • 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