NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Sep 30, 2014 04:12 PM CDT

Ethanol futures closed mixed to mostly higher despite sharp losses in the market surrounding the ethanol contracts. Corn markets tumbled 5 cents per bushel lower after the USDA report brought little to no support to the overall market. At the same time, energy markets posted extremely aggressive losses based on expectation that supplies in crude oil markets may grow and recording long-term losses in the crude oil complex. Nearby ethanol futures slipped a fraction of a cent per gallon in front-month October futures, closing at $1.591 a gallon after a 0.4-cent-per-gallon loss. Other nearby contracts posted light gains as traders ...

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