NEWS
Ethanol Blog
Rick Kment DTN Analyst
Wed Nov 26, 2014 03:34 PM CST

Front-month December ethanol futures posted strong gains Wednesday afternoon following the announcement by the EIA that ethanol inventory levels slipped lower last week.

Total inventory levels fell 8.4 million gallons despite growing production levels. This sparked some light-to-moderate buyer support as traders continue to refocus on the potential that spot market supplies may continue to be hard to find.

There is less concern about long-term supplies, although the surge in front-month prices helped to draw additional buyers into the market. Trade volume is expected to remain sluggish through the rest of the week, even though markets trade Friday; participants are ...

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