NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Jun 24, 2014 03:38 PM CDT

Ethanol futures, like the rest of the energy and corn market, remained relatively inactive Tuesday. The lack of buyer support redeveloping through the complex led to moderate price pressure in all nearby and deferred contract months. Front-month futures continue to slowly slip lower, holding a 1.2-cent-per-gallon loss. This moved front-month futures to $2.058 a gallon. Other nearby contracts fell 1 to 1.5 cents per gallon lower, although the focus on lower corn market prices has traders focusing on production costs. A move below $2 per gallon could trigger additional market pressure with concern about growing ethanol production likely to limit ...

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