DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Oct 23, 2014 04:51 PM CDT

Ethanol futures posted a strong market slide Thursday despite strong gains in both the corn and energy markets. Traders seem to have temporarily at least outpaced expected buyer support in the ethanol market after moving prices nearly 30 cents per gallon higher in three weeks. The pullback in prices is likely more focused on longer term price adjustments, but does create questions about just how much support is under this recent market rally. November futures led the market lower, closing at $1.70 a gallon lower, after a 7.6-cent-per-gallon loss. Other nearby contracts slipped 3 to 6 cents per gallon lower, ...

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