NEWS
DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Wed Dec 11, 2013 04:36 PM CST

Ethanol futures posted moderate to strong losses based on increased production and growing ethanol inventory levels reported in the latest EIA report. Traders are looking for additional direction from outside markets, but the current lack of buyer interest in both the ethanol and energy complex seems to trending the market lower through the holiday season. The ethanol market has gone through significant inventory reductions over the past several months due to sluggish production that traders are now looking for inventories to rebound, and they may do that quickly. January futures fell 7.8 cents per gallon, to $1.926 a gallon Wednesday.

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