NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Jul 3, 2013 02:59 PM CDT

Ethanol futures rallied higher Wednesday following strong reductions in ethanol inventory levels on the latest EIA report. The combination of lower production and eroding supply levels is creating more concern of market availability through the end of the year. Even though corn prices have slipped over the last week, the demand for corn remains strong and is supporting ethanol prices. Front-month July ethanol futures posted a 5.7 cent per gallon rally, closing at $2.467 a gallon. Other nearby contracts closed mostly higher with deferred futures slipping slightly in light pre-holiday trade.

RBOB gasoline futures continued to gain momentum through the ...

Quick View
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Super Food Silage has never gone out of fashion in Bath County, Kentucky, even when the lure of $6- to $8-pe...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Pick Contingency Plans - 2 Commodity payments are largely capped at $125,000 per person. People must also report under $900,...
  • Ask the Vet Some tips on fly control.