NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Nov 21, 2012 04:16 PM CST

Ethanol futures posted fractional gains following a very lightly traded session ahead of Thanksgiving. Although markets remain open both Wednesday and Friday surrounding the holiday, the activity level in the complex remains near silent. The corn market showed support early in the session, but eroded as trade continued, and closed 2 cents per bushel lower. This loss in the corn market as well as renewed focus on large ethanol inventory levels after the release of the EIA report added pressure to the ethanol market. December futures closed 0.6 cents per gallon lower, closing at $2.381 a gallon, while other nearby ...

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