NEWS
DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Tue Jul 29, 2014 04:24 PM CDT

Ethanol futures didn't follow corn Tuesday as strong cash ethanol prices kept the market steady. As production increases, the rail problems could worsen, creating havoc for plants and end users. August closed fractionally lower at $2.185 per gallon, up 4.6 cents, and September was unchanged at $2.08 per gallon.

Crude oil futures were lower Tuesday as more U.S. refinery units slow production for summer maintenance. The market hit a two-week low during trading hours as traders look ahead to Wednesday's EIA supply report. If the EIA lowers crude oil supplies less than the range of expectations, the market will likely ...

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