DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Oct 9, 2013 04:13 PM CDT

Ethanol futures posted moderate gains in response to additional losses in ethanol stocks at the end of last week. Light support developed across corn markets, but prices were limited to 1- to 2-cent-per-gallon gains by the end of the session. Ethanol stocks have moved to the lowest levels since EIA has collected data. This is not likely to draw long aggressive buyer support into the ethanol market. But traders could focus on additional ups and downs in outside markets, but all of the uncertainty surrounding commodity moves is creating longer term shifts in ethanol prices.

RBOB gasoline futures slipped slightly ...

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