NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Jun 18, 2014 04:40 PM CDT

Ethanol futures traders quickly looked past a drop in ethanol inventory at the end of last week, which moved from a 15-month high. But production levels of ethanol at the end of last week took the market by storm, creating widespread ethanol futures losses. Total ethanol production moved to a record-high level at the end of last week as producers take advantage of soft corn markets and strong ethanol profits through early summer. July ethanol futures posted a 9.6-cent-per-gallon loss, closing at $2.046 a gallon. If ethanol production continues to surge higher over the next few weeks, the overall market ...

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