NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Feb 10, 2016 04:45 PM CST

Ethanol futures continue to shift lower Wednesday, moving below $1.40 per gallon in nearby contracts for the first time in three weeks as record inventory levels were posted on the EIA report at the end of last week. Along with strong growth in supply growth, production of ethanol also bounced higher after sliding lower for the previous three weeks, creating concerns that ever more market weakness will be seen as 2016 has the potential to build even greater ethanol stocks through the coming months and build an ethanol glut, making previous years look insignificant. The fact that this strong inventory ...

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