DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu May 21, 2015 04:22 PM CDT

Ethanol futures posted further losses in nearby summer contracts as traders continue to assess the increased ethanol production seen late last week. This move higher in production is likely to spark additional inventory growth over the next few weeks and add to the buildup of inventory compared to year-ago levels. June futures led the market lower, with an 8.1-cent-per-gallon loss through the session, moving to $1.572 a gallon. The break below $1.60 a gallon could draw additional weakness to the complex as traders will soon focus on the potential of ethanol demand to stabilize after the Memorial Day holiday. Deferred ...

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