NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Oct 17, 2014 04:51 PM CDT

Ethanol futures posted strong buyer support Friday in nearby contracts. Despite the pressure in corn markets Friday, traders are focusing on the pullback in ethanol inventories in the latest EIA report, and this is helping to firm buyer support at the end of the week. November ethanol futures posted a 5.3-cent-per-gallon rally, closing at $1.767 a gallon. Weekly gains in front-month futures pushed prices 17 cents per gallon higher. It is uncertain just how much follow-through support will develop through the end of October, especially if corn prices and production levels stay in the current range.

RBOB gasoline futures bounced ...

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