NEWS
Ethanol blog
Rick Kment DTN Analyst
Tue Oct 25, 2011 03:41 PM CDT

Ethanol prices have gained support each of the last two trading sessions, despite the inability for corn markets to hold early gains. Both Monday and Tuesday, corn futures started the session with moderate-to-strong gains; however, in each of the sessions, most if not all of the gains have been lost by closing bell.

Usually the ethanol market follows the corn price step-to-step. But during the last several sessions, there has been a disconnect with this price relationship and the ability for ethanol to post and hold gains when corn futures have eroded in the final hours of the trading session.

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