NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Mon Mar 10, 2014 04:28 PM CDT

Ethanol futures posted sharp losses Monday following weakness in both the corn and energy markets. Traders focus on the potential for additional pressure in corn prices reducing ethanol prices even further. Although the price spread between ethanol and RBOB gasoline remains extremely strong, the focus on narrowing this spread over the upcoming weeks may create widespread short term pressure in ethanol markets. April futures led the market lower, falling 5.2 cents per gallon, closing at $2.254 a gallon. Other nearby contracts slipped 3 to 5 cents per gallon with traders trying to take advantage of softness in grain prices.

RBOB ...

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