NEWS
DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Tue Nov 12, 2013 04:58 PM CST

Front-month ethanol futures were higher with December closing up 3.4 cents at $1.74 and January up 2.5 cents at $1.65 in spite of the lower corn close. The market is expecting the Thursday EIA report to show tight ethanol stocks once again, which is bullish for the market as demand for blending remains firm. The ethanol community is still waiting for the EPA to officially announce the 2014 blend wall mandate after a leak a few weeks ago suggested they would lower it instead of raise it as the trade anticipated.

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