DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Aug 5, 2014 04:35 PM CDT

Ethanol futures slipped lower following additional weakness through the rest of the market. August contracts are the most stable of the contracts at this point with traders focusing on current end-of-summer demand needs and the potential that short-term production levels of ethanol will not be significantly affected by the current trend in the corn market. This pushed front-month futures 1 cent per gallon lower, closing at $2.09 a gallon. Other contracts posted much more significant losses, falling 2.4 to 4.3 cents per gallon. Traders are widening the discount to spot contracts and starting to factor in lower production costs if ...

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