NEWS
DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Thu Dec 26, 2013 04:51 PM CST

Spot ethanol futures gained on corn closing nearly unchanged with the deferred months closing slightly lower. January closed at $1.94 and February was fractionally lower at $1.79 per gallon. The EIA ethanol production and stocks report normally scheduled for Wednesday will not be released until Friday due to the Christmas holiday.

Crude oil prices moved higher on concern that the continued strife in southern Sudan will have a severe effect on their daily oil production of approximately 250,000 barrels a day. The market feels that if civil war breaks out there, oil prices could move past $100 per barrel. The ...

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