date:Sep 25, 2015
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And corn gains were also capped, thanks to weakness in the ethanolmarket.
The US energy agency reported stocks of ethanol were up, which weighed further on prices.
US ethanol inventories were up by 609,000 barrels from last week, to 18.9m barrels. This increase came despite a drop in output of the biofuel by US producers, by 23,000 barrels a day, to 938,000 barrels a day.
October ethanol futures fell by 2.1% to $1.535 a gallon.
Corn for December closed up 0.7% at $3.83 a bushel, despit