NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Mon Jan 27, 2014 03:45 PM CST

Ethanol futures responded with slight market pressure as the difference between higher corn prices and lower gasoline markets started to affect overall futures trade early in the week. February ethanol futures posted the most significant losses, slipping 1.9 cents per gallon and moving to $1.755 a gallon. The lack of interest through other contract months was increasingly obvious with traders seeing limited direction and prices fell 1 cent per gallon or less in all other nearby contracts. Price spreads are narrowing, limiting the premium in front-month futures, and potentially allowing for even quieter trade through the remainder of the month.

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