DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Apr 15, 2014 03:43 PM CDT

Ethanol futures posted sharp losses following the expectation that additional supplies will continue to be available for end users over the near future. This created additional short-term pressure on the market, and pushed May futures 9.5 cents per gallon lower. May futures closed at $2.245 a gallon. The price spread between May and June futures narrowed to 10 cents per gallon as traders focus on additional product moving to spot and rack locations. Deferred futures slipped lower, but at a much narrower trading range, falling 2 to 3 cents per gallon. There is also some concern about future demand support ...

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