DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Aug 6, 2014 03:56 PM CDT

Ethanol futures reacted to the combination of higher corn prices and inventory decreases seen in the weekly EIA reports. Overall ethanol stocks fell 1.8% at the end of last week, which is helping to draw additional stability into the complex at a time when both corn and gasoline prices have trended lower. September futures posted the most significant gains, closing 1.4 cents per gallon higher, and closing at $1.98 a gallon. The remainder of nearby contracts held fractional gains at the end of the trading session.

RBOB gasoline futures bounced higher following inventory levels slipping at the end of last ...

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