DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Mon Jul 21, 2014 03:24 PM CDT

Ethanol futures continue to erode following additional weakness in the corn market Monday. Front-month September corn futures slid 7 cents per bushel lower, as the weaker market trend continues to develop due to near-ideal growing conditions in many sections of the Corn Belt. All other contracts through the next year posted 6-cent-per-bushel losses with the overall tone of the market soft for both old-crop and new-crop corn markets. Losses in the ethanol market were incredibly uniform also with August futures posting a 1.2-cent-per-gallon loss, closing at $2.084 a gallon, while all other nearby contracts lost 1.4 cents per gallon. The ...

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