NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Sep 17, 2013 04:24 PM CDT

Ethanol futures closed mixed once again Tuesday despite lower corn prices on the futures market. Nearby corn futures closed 2 1/2 cents per bushel lower in nearby contracts, which led to overall lower production costs for ethanol and the expectation that margins may continue to remain strong. The lower corn markets did have an impact on contracts through early 2014, with prices falling a fraction of a cent per gallon. Nearby futures gained support on the expectation that production may slow and supplies could remain tight over the short term. October futures posted a 1.7-cent-per-gallon bounce higher, closing at $1.80 ...

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