DTN Daily Ethanol Comments
Wed Jan 15, 2014 04:33 PM CST

Ethanol futures posted moderate losses based on continued pressure in the corn market. Even the fact that ethanol production dropped significantly and lower ethanol stocks were seen did little to stabilize the ethanol market price. February futures closed at $1.906 per gallon, after a 1.2-cent-per-gallon loss. The lack of support through the market was limited to nearby contracts, with deferred futures posting just fractional losses. Traders may readjust positions if corn markets see some new stability, but the potential for weaker markets over the near future could also lead to further ethanol pressure.

RBOB gasoline futures posted fractional gains following ...

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