NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Sep 24, 2013 03:12 PM CDT

Ethanol futures posted sharp losses Tuesday following lack of follow-through support and additional weakness in corn futures. Traders are focusing on additional short-term pressure in nearby contracts as traders look for the potential of corn prices to fall further through harvest. September corn futures broke below $4.50 per bushel, after a 4 1/2 cent loss. This could add additional losses to nearby and deferred ethanol prices. October ethanol prices slipped to $1.828 a gallon after a 5.8-cent-per-gallon loss. There still remains a 20-cent premium over the November contracts, which suggests short-term commercial buying is still developing across the market.

RBOB ...

Quick View
  • Is Your Burndown Working? A cool, wet spring and the spread of herbicide-resistant weeds mean farmers should take the extra...
  • Gains on Covers It took Jerry Doan several years and a lot of trials, but the North Dakota beef producer has lear...
  • Side-by-Sides and Cool Helmets Side-by-side manufactures continue to roll out new machines and machine updates. Here are two more.
  • Stress Test for Borrowers Farm finances rate an "A" now, but economists debate if that's good enough to handle a major corr...
  • Senators Question EPA A group of U.S. senators Wednesday told President Barack Obama that his administration has not fo...
  • Climate Work Ahead at USDA Ag Secretary Tom Vilsack spoke about GOP complaints regarding the Obama administration's work wit...
  • Full-Circle Farming Bill Couser sees farming as a full circle. If it comes off the farm, it can go back into the farm.
  • Making the Grade What if corn isn't cheap the next five years? Fickle price projections can sway farm bill choices.
  • Ask the Vet What's my best bet for fly control?
Related News Stories