DTN Daily Ethanol Comments
Tue Jan 14, 2014 03:17 PM CST

Ethanol futures eroded Tuesday following moderate pressure in corn prices. Even though energy futures closed mixed and renewed buyer interest developed across stock markets, the focus on pressure in corn markets and thus production costs led to market erosion in nearby and deferred ethanol futures. February futures closed 3 cents per gallon, at $1.92 a gallon. Other nearby and deferred contracts posted more aggressive losses, falling 3.2 to 3.7 cents per gallon as traders focused on longer-term impacts from weaker corn markets.

RBOB gasoline futures posted light losses as market inactivity was very evident through the session Tuesday. Traders who ...

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