NEWS
DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Mon Jul 27, 2015 02:38 PM CDT

Ethanol futures were lower as corn dove lower and RBOB and crude oil also closed lower on the day. Corn futures hit a new low for a front-month contract since late June. The market is looking ahead to better crop conditions for corn last week, and concern is growing that with the China economic problems, demand for U.S. corn for export will slow.

Crude oil futures were lower Monday as global equities weakened and the excess oil supply continues to weigh on the oil complex. The increase in oil rigs reported by Baker Hughes Friday was unexpected by the market ...

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