NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Mar 12, 2014 04:24 PM CDT

Ethanol futures posted sharp gains following the latest EIA data released following the reduction in both ethanol inventory and ethanol production. April futures posted a 9.7-cent-per-gallon rally, closing at $2.38 per gallon. All nearby contracts posted 3- to 9-cent-per-gallon gains as traders look for additional market information and the ability to move product to end locations before increased driving demand starts. Traders are looking for additional support from outside markets and support in corn markets over the next couple weeks.

RBOB gasoline futures posted narrow losses following weakness in crude oil futures as well as weakness in the stock market. ...

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