NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Jun 11, 2014 04:13 PM CDT

Ethanol futures posted moderate to sharp losses following both lower corn prices Wednesday and increased stock buildups through the end of last week. The latest EIA data report released Wednesday morning pointed to continued production growth at the end of last week. Although demand also grew, inventories are growing at a significant pace compared to last year, especially when you take into account that inventories were extremely light early in the year. July ethanol futures posted a 4.5 cent per gallon loss, closing at $2.10 per gallon. Other contracts posted losses of 1 to 2.8 cents per gallon as traders ...

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