NEWS
DTN Daily Ethanol Comments
Wed Aug 27, 2014 04:51 PM CDT

Ethanol futures saw moderate to strong buyer support following the EIA report that overall ethanol inventory levels dropped significantly at the end of last week. Although overall stocks are well above year ago levels, the tighter supply going into the Labor Day weekend acted to help spark additional support in both nearby and deferred contract months. Prices were generally uniform in posting gains Wednesday, which is somewhat unusual through the complex. September futures posted a 3.2 cent per gallon rally, closing at $2.1157 a gallon. The price spread between September and October contracts slowly narrowed at midweek, which could point ...

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