NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Mon Oct 14, 2013 04:28 PM CDT

Ethanol futures bounced higher Monday following light to moderate corn market support. However, there seems to be some uncertainty as to just how much additional support will develop through early week trade. The band of wet weather moving through the western Plains is creating support in corn prices based on delayed harvest activity. This pushed November ethanol futures 2.4 cents per gallon higher to $1.742 a gallon, while other nearby contracts are posting gains of 1.2 to 1.3 cents per gallon. Trade is expected to remain sluggish through early week, but could find additional momentum if wide price shifts are ...

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