NEWS
Ethanol Blog
Rick Kment DTN Analyst
Mon Oct 13, 2014 03:27 PM CDT

Ethanol futures have continued to follow the trend seen last week with a 4 cent per gallon rally developing Monday despite overall trade volume remaining sluggish due to the Columbus Day holiday. With front-month ethanol futures now above $1.60 per gallon, traders are primarily focused on the strong double-digit rally in corn prices. This gain offsets the higher production costs coming from the corn market and could signal additional gains if higher corn prices continue to be seen. November ethanol futures posted a strong weekly close at the end of last week. This is the first move higher in the ...

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