NEWS
Ethanol Blog
Rick Kment DTN Analyst
Thu Oct 27, 2011 06:16 PM CDT

The surge higher in the ethanol futures market Thursday had very little to do with ethanol or anything attributed to general supply and demand or cost of production levels.

Ethanol futures posted strong gains on the back of buying surges in other commodity markets. But this commodity market rally piggy-backed on the rally in the stock market and extreme pressure in the U.S. Dollar Index.

Once again the European debt issues ruled the direction of the market, but this time it seems that there is the working of a plan that may just reach fruition and this is creating widespread ...

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