NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Feb 20, 2014 04:30 PM CST

Ethanol futures have moved lower Thursday following ethanol stocks showing additional growth at the end of last week. The latest EIA data released Thursday indicated that stocks are building based on increased production and sluggish February demand for blending. March futures posted the most significant loss, closing 3.5 cents per gallon lower at $2.066 a gallon. All nearby and deferred futures posted moderate price pressure of 2 to 3 cents per gallon as traders were willing to look past higher RBOB gasoline and corn market prices as they focus on potential demand support for the market short term.

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