NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Oct 31, 2013 04:14 PM CDT

Ethanol futures slipped lower Thursday as traders focus on end-of-the-month positioning. The lack of support in both corn and other energy markets led to lack of buyer support stepping back into the complex. November futures fell 1.8 cents per gallon, closing at $1.784 a gallon. But all other nearby contracts were limited to fractional losses with very little direction seen in the market. The November contracts only moved 1 cent per gallon over the month of October. This lack of volatility could create lack of trader interest over the future, and maybe change the complex in the future.

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