DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Mon Apr 7, 2014 04:15 PM CDT

Ethanol futures continue to show additional sharp losses in nearby contracts as traders start backing away from the tight supply situations seen over the last couple of months. It is expected that additional deliveries will continue to develop through most of the area. This could limit additional buyer support over the near futures. May contracts posted a 9.4-cent-per-gallon loss, moving front-month prices to $2.31 a gallon. Summer and fall contract months are much less affected with mixed fractional price adjustments seen in each of these contracts. Traders are still focusing on price direction up to and surrounding the Memorial Day ...

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