DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Mon Jun 9, 2014 04:18 PM CDT

Ethanol futures remain stuck in a narrow range Monday following moderate to aggressive pressure in the corn market and strong support through the energy market. Strong buyer interest developed in both the RBOB gasoline and crude oil markets Monday, which is helping to gain some nearby support in the ethanol futures. July futures posted a 0.5-cent-per-gallon gain, closing at $2.16 a gallon. But sharp losses in corn prices partially directed by the announcement that China will stop importing distillers grains from the U.S. is creating concern that long-term support may be dwindling in the ethanol market. Contract prices at the ...

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