DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Feb 20, 2013 04:30 PM CST

Ethanol futures softened Wednesday despite the late-day boost in the corn futures market. The movement in the corn market through much of the day seemed to follow outside markets. This allowed for light to moderate buying to step into the corn futures before closing bell, and pushed March futures over $7 per bushel after a gain of 5 cents per bushel. But this move higher in the grain market was not enough to overshadow the pressure through the energy complex, which eventually weakened the ethanol market price. March ethanol futures fell 0.3 cents per gallon, to $2.365 a gallon, with ...

Quick View