MARKETS NEWS
Newsom on the Market
Darin Newsom DTN Senior Analyst
Fri Oct 11, 2013 01:44 PM CDT

Let's face it: Watson -- computer driven, noncommercial traders -- is starving for headlines to feed off of. The darkened windows showing nothing but a "Closed" sign on the James L. Whitten Building (home of USDA) in Washington, D.C., have driven most of this group of traders to the sidelines the last couple of weeks, antsy for when information will start moving again.

That is until Friday. A leaked memo revealed EPA was interested in reducing the ethanol mandate across the board, including corn-based ethanol. If true, this would confirm the darkest fears of the corn market bull that the ...

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