NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu May 15, 2014 04:20 PM CDT

Ethanol futures closed mixed in a moderate trading range. Nearby futures focused on increased demand support from Wednesday's EIA report and expectations of additional market needs to develop over the next couple of weeks. This helped to push front-month June futures 1.6 cents per gallon higher to $2.178 a gallon. Deferred futures were unable to gain additional market interest as traders focused on the pressure in corn markets. Aggressive losses developed across the corn complex. This led to July prices falling 11 cents per bushel, creating some uncertainty about short- or long-term support in the market.

RBOB gasoline futures fell ...

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