NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Mar 27, 2013 04:01 PM CDT

Ethanol futures rallied Wednesday following ethanol inventory levels dropped at the end of last week, according to the latest EIA report. This is putting more focus on the potential production of ethanol even with high corn prices. The moderate support in the corn market helped to draw some support into the market. But most of the gains Wednesday were based on shrinking supplies across the country. April ethanol futures gained 4.6 cents per gallon, moving to $2.583 a gallon with other nearby contracts posting similar gains. This is still below the recent high near $2.63 per gallon at earlier in ...

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