NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Apr 30, 2014 04:16 PM CDT

Ethanol futures turned moderately lower Wednesday following the lack of follow-through support in the corn market and an overall defensive energy market structure. May futures led the market lower with a 3.8-cent-per-gallon price decline. This pushed front-month futures to $2.261 a gallon. Although this is well within the current market range, the focus on increasing inventory levels ahead of any demand spike through the summer months is limiting buyer interest at this point. Other nearby contracts fell 1.6 to 2.6 cents per gallon, as traders continue to focus on the potential for price levels to remain in the range of ...

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