NEWS
Ethanol Blog
Rick Kment DTN Analyst
Fri Aug 9, 2013 04:02 PM CDT

Across all ethanol contracts, moderate to strong losses developed through the first full week of August.

September ethanol futures closed at $2.145 per gallon after losing 4 cents per gallon for the week. Other nearby contracts, which were unable find the short-term support last week similar to the front-month contracts, continued to trend lower for the week. All but front-month September futures are trading below the $2 per gallon range.

This recent pressure associated with corn futures prices nearing the $4.50 per bushel level in December contracts is posting contract lows in all but front-month September contracts.

It is uncertain ...

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