NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Ethanol and Dairy Analyst
Fri Nov 20, 2009 03:46 PM CST

Ethanol futures have posted sharp losses Friday afternoon following additional softness in both the corn and energy markets. Overall, trade activity was very light heading into the weekend, but this allowed nearby contracts to move lower following the sharp gains seen earlier in the week. The challenge with such a significant loss in the ethanol market is that, as lightly traded as the contracts are, it is hard to gain enough buying support to push prices significantly higher in the near future even if the fundamental markets do support a higher-moving ethanol price. December ethanol contracts posted a 3-cent loss, ...

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