DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Feb 26, 2014 04:09 PM CST

Ethanol futures posted narrow trading ranges Wednesday following sharp gains which developed through the first part of the week. March contracts were the only contract to move higher, posting a 0.4-cent-per-gallon rally, and closing at $2.237 a gallon. Other nearby contracts were limited to narrow losses of 0.2 to 0.9 cents per gallon. The wide premium in the March contracts continues to widen as commercial traders look for short-term supplies due to transportation delays getting ethanol from plant locations to end users. As weather conditions improve, the delays are expected to continue to also improve, but it will take several ...

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