NEWS
Ethanol Blog
Rick Kment DTN Analyst
Mon Jun 9, 2014 03:10 PM CDT

Nearby ethanol futures were unable to move in any significant direction Monday with narrow fractional gains in front-month July futures being offset by fractional losses in other nearby summer and fall contract months.

The news stories focusing on China's announcements that they will not import dried distillers grain from the U.S. confirmed what had been expected and rumored for quite a while. However, this significantly added to the pressure in corn markets. This will likely create long-lasting impacts to the overall ethanol industry.

With such a significant amount of distillers grain exported to China, this will create dramatic price pressure ...

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