NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Apr 12, 2013 04:10 PM CDT

Ethanol futures turned lower Friday as the overall concerns rocking the energy market about potential sluggish demand have grabbed the attention of the ethanol market. Even though corn futures posted a 7-cent-per-bushel gain, and overall production costs are rising once again, ethanol traders discounted the market. May ethanol futures closed 2.6 cents per gallon lower, closing at $2.422 a gallon. Other nearby contracts ended the week steady to 1.7 cents per gallon lower for the day. This could lead to additional softness in the market if traders continue to believe that earlier projected demand is going to be hard to ...

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