DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Jul 15, 2014 04:09 PM CDT

Ethanol futures turned lower following the swift tumble in corn prices Tuesday. September corn futures fell 7 1/2 cents per bushel at the end of the session, allowing additional pressure to be seen through both nearby and deferred ethanol contracts. August futures posted a 1.4-cent-per-gallon loss, closing at $2.098 a gallon. But the most significant losses were seen in the September contracts, falling 2.1 cents per gallon. This pushed September futures and all other following contracts under the $2-per-gallon price level. Any additional pressure in the corn market will continue to reduce production costs and likely lead to additional market ...

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