NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Jun 4, 2014 04:54 PM CDT

Ethanol futures posted additional aggressive losses following further pressure in corn prices as well as increasing stock levels in the latest EIA report. Total ethanol inventories grew to the largest level since spring 2013, as ethanol production continues to grow. The industry has quickly moved from a tight supply earlier this spring due to transportation issues to a growing surplus. Concerns that lackluster demand will continue to be seen through the summer months have most traders cautious through the rest of the year. June futures continue to hold a 10 cent premium, but fell 8.4 cents per gallon, closing at ...

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