NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Jun 25, 2014 03:41 PM CDT

Ethanol futures posted moderate to strong gains despite pressure in both the corn and RBOB gasoline markets Wednesday. Front-month July ethanol futures posted a 2.2-cent-per-gallon rally, closing at $2.085 a gallon. This led the complex higher and created additional market support through the trade despite EIA report posted increased inventory levels at the end of last week. The 1.9% gain in ethanol stocks had limited impact late in the session as traders seemed to focus more on the fact that ethanol production backed off of record production levels from the week prior. This means that even corn prices are eroding, ...

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