NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Oct 1, 2014 04:25 PM CDT

Ethanol futures posted strong losses Wednesday as the focus of the market surrounded the bearishness of the weekly EIA report. Even though total production at the end of last week was curbed by nearly 1% through the week, lower demand for ethanol led to a strong gain in ethanol supplies. The continued softness in the corn market and expectation that more corn will become available over the next few weeks is leading to additional uncertainty through the ethanol market and concern that prices will continue lower. October futures fell 5.8 cents per gallon lower, closing at $1.533 a gallon. This ...

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