NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Apr 16, 2014 04:39 PM CDT

Ethanol futures posted sharp losses Wednesday despite falling ethanol inventory levels in the latest EIA data. Stronger ethanol production over the last week as well as lack of support in the corn market led to another round of active ethanol losses. May futures led the market lower with an 8.5-cent-per-gallon loss, closing at $2.18 per gallon. Other nearby contracts also posted moderate to strong losses, falling 3 to 6 cents a gallon. Additional movement is expected over the next few trading sessions as tight supplies through the country are starting to ease and take less focus away from supply issues ...

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