Ethanol Blog
Rick Kment DTN Analyst

Thursday 02/28/13

Ethanol Following Corn's Marching Orders

It is too early to fully disclose the direction of the ethanol market for the week, but the monthly moves in ethanol futures are now in the books for February.

End-of-the-month positioning seemed to be a big player in outside markets, and helped corn post strong gains. This upward movement in the corn market drew additional buyer support into all nearby contracts. March ethanol futures led the market higher, gaining 1.9 cents per gallon. For the week so far, prices are 4 cents per gallon higher.

But this will be overshadowed by the loss of more than 6 cents per gallon through February. But even though the movements of the past are important measuring posts, the ethanol market continues to be focusing forward. On increased production capacity, growing demand, and uncertainty about upcoming drought conditions.

This is once again putting the emphasis on the corn market and one reason why ethanol futures resumed the following position to corn futures at month's end.

Rick Kment can be reached at

Posted at 5:00PM CST 02/28/13 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
  • 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