NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Nov 5, 2013 02:43 PM CST

Ethanol futures continue to show weakness as lack of support in corn and energy markets is very evident. Although there is no single thing that is pointing to the recent erosion of the market, the lack of interest is just eroding previous support. Although supplies are expected to still remain tight, the lack of interest in the market is keeping prices soft. Prices were grouped in a tight range with prices 2 to 2.5 cents per gallon lower. The November contract closed at $1.70 per gallon. This is the lowest price in nearly a month. Additional pressure is likely to ...

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