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
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
Ethanol Blog
Ethanol Blog
Ethanol Blog
Ethanol Blog
Ethanol Blog
Ethanol Blog
Ethanol Blog
RFA: Big Oil Blocks Ethanol