NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Aug 14, 2014 04:13 PM CDT

Ethanol futures quickly moved from the aggressively bullish market support seen Wednesday to steady to lower prices following sharp losses in the energy market. Corn prices were able to move higher with 4- to 5-cent-per-bushel gains unable to attain much attention in the ethanol complex. Increased jobless claims in the weekly report derailed any support in the crude oil and gasoline markets, with concerns that weaker economic news would limit overall consumer demand. This pushed gasoline prices sharply lower, allowing for weakness in the ethanol complex. Front-month September futures closed unchanged at $2.171 a gallon, while other nearby contracts slipped ...

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