NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Jan 23, 2015 02:59 PM CST

Ethanol futures bounced firmly higher following late-week buyer support in the corn market as well as end-of-the-week position squaring. The ethanol futures ended the week 7.5 cents per gallon higher as renewed support seems to be developing across the complex. Additional price shifts may continue to develop through the next few weeks as traders may start to assess spring and summer demand. Even though inventory levels and production continue to climb, some traders appear to feel the market bottom has been set, which could help draw additional volume into the market over the next several weeks.

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