NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Oct 17, 2013 04:33 PM CDT

Ethanol futures posted moderate to strong losses Thursday following pressure in energy contracts. Corn prices typically direct movement in ethanol prices, but this was not the case Thursday. Ethanol futures overlooked the fractional gains in nearby corn futures prices, as they backed away from month highs set Wednesday. November futures continue to hold a premium to other nearby contracts, but fell 1.7 cents per gallon, closing at $1.791 a gallon. December futures led the market lower, falling 2.2 cents per gallon in moderate trade. This move shifted December futures 13 cents under front-month contracts. Commercial buyer support remains firm across ...

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