DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed May 21, 2014 04:48 PM CDT

Ethanol futures moved sharply higher Wednesday following the latest EIA report. Overall ethanol stocks tumbled lower at the end of last week. This creates the concern that additional pressure in inventory levels may be seen through the end of May and well into the peak driving season which traditionally has the greatest demand for both gasoline and ethanol product. June futures rallied 6.6 cents per gallon, closing at $2.268 a gallon, while other contracts posted gains of 2.4 to 5.8 cents per gallon. The focus on short-term needs is going to keep most of the active price shifts in front ...

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