NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Jun 12, 2014 04:21 PM CDT

Ethanol futures drew renewed buyer support back into the market. Most of the aggressive gains have developed in the late summer and early fall contracts with prices gaining 3.6 cents per gallon. Even though additional gains were seen in corn markets, the majority of support came from the aggressive price support in energy markets. Concerns over issues in Iraq continue to lead to uncertainty about overall oil supplies and the structure of the Middle East. This could continue to direct ethanol trade over the near future. July ethanol futures rallied 2.6 cents per gallon, to close at $2.128 a gallon. ...

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