NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Dec 5, 2013 03:29 PM CST

Ethanol futures moved higher, but with December contracts going off the board Wednesday, a sharp drop in the continuous chart price is once again creating uncertainty in the market. The focus through the ethanol market is still based on expected tightening supplies at the end of the year, but January prices are still below $2 per gallon, a significant change from the aggressive December contract prices. Front-month January futures led the market higher, closing at $1.908 a gallon after a 4.7-cent-per-gallon rally. The inability for corn futures to maintain midday support had little impact in the support through ethanol price ...

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