DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Jul 24, 2013 04:25 PM CDT

Ethanol futures posted additional sharp losses in the nearby contract months following double-digit pressure in September corn contracts and the announcement that ethanol stocks continue to grow as of the end of last week. All of the focus on tight ethanol supplies earlier in the summer is now just a distant memory as ethanol inventory has built steadily each of the last three weeks. This indicates more than changes in production, but a slipping demand market. If demand continues to erode through the rest of the summer, additional price pressure is likely to develop. August futures led the market lower, ...

Quick View