DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Jan 17, 2014 03:28 PM CST

Ethanol futures posted a two week low, as front-month February prices fell below $1.90 per gallon once again. Front-month ethanol futures closed 3.9 cents per gallon lower at $1.89 a gallon, with traders focusing on the late-week pressure in corn markets. Corn prices fell 4 cents per bushel Friday after an attempt earlier in the week to draw buyers back into the market failed. This is creating moderate pressure into the rest of the ethanol contracts with prices seen 2.6 to 3.9 cents per gallon in spring and summer contract months. There is growing uncertainty about just how much follow-through ...

Quick View