DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Jul 24, 2014 04:07 PM CDT

Ethanol futures remained stuck in a narrowly mixed trading range with outside market pressure unable to totally limit the support of nearby contracts, while deferred futures fell just a fraction of a cent per gallon. There is some carryover from Wednesday's EIA report, which showed a slight decrease in ethanol stocks through the last week. This is helping to indicate that the ethanol market is remaining current even when production of ethanol is increasing and corn prices are eroding. August futures posted a 0.7-cent-per-gallon gain, closing at $2.116 a gallon. Deferred futures were limited to 0.2- to 0.8-cent-per gallon losses, ...

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