NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Jul 9, 2014 04:01 PM CDT

Ethanol futures posted fractional gains Wednesday with August contracts posting a 0.7-cent-per-gallon bounce, closing at $2.147 a gallon. All nearby contracts were tightly grouped and traded in positive territory through the session. All other surrounding markets posted moderate to sharp losses as traders seemed to look at very little energy or corn market activity but focused on the fact that ethanol production is slipping. Trade is likely to remain sluggish through the rest of the week as traders look for additional longer-term direction. If inventory levels continue to build like they have the last couple of weeks, any production reductions ...

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