DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Jul 18, 2014 04:04 PM CDT

Ethanol futures continue to see moderate pressure in both the nearby and deferred contract months. Corn prices started relatively stable, but continued to erode through the session, closing 8 cents per bushel lower by the end of the session. The Friday losses caused the weekly close in corn market prices to turn lower despite gains earlier in the week. August ethanol futures posted a 1.4-cent-per-gallon loss, closing at $2.096 a gallon. September and October futures posted the most significant losses, falling 1.8 cents per gallon, and confirming a move below the $2-per-gallon level in September futures contracts. It is uncertain ...

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