DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Oct 21, 2014 04:34 PM CDT

Ethanol futures gained light buyer support through Tuesday's trading session with nearby contracts posting gains near 2 cents per gallon based on renewed support in gasoline prices and a strong bounce in corn prices. November ethanol futures posted a 1.7-cent-per-pound rally, closing at $1.77 per gallon. Although there is uncertainty about just how much follow-through support will be seen through the next couple of months, most traders are closely following any moves in production and inventory levels on the EIA weekly reports. This could alter the current price pattern seen over the last couple of weeks if an inventory build ...

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