DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Mon Apr 14, 2014 05:09 PM CDT

Ethanol futures posted moderate losses Monday as traders once again focus on the rebuilding of inventory levels and growing availability of product to end users. Although demand is expected to continue to grow, additional pressure is likely to develop in nearby ethanol contracts as traders focus on production levels that can sustain current and future demand. May ethanol fell 5.4 cents per gallon, closing at $2.331 per gallon. Other nearby contracts posted moderate losses, while deferred futures closed steady to slightly higher. It is expected that the longer-range target price currently is around $2 per gallon. This could create additional ...

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