DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Jun 27, 2014 03:59 PM CDT

Ethanol futures closed mixed Friday in a fractional trading range. July futures posted a narrow 0.7-cent-per-gallon gain, helping to draw additional light support back into the market based on expected demand strength over the next couple of weeks. August contracts, on the other hand, posted a narrow loss of 0.2 cents per gallon. There still remains moderate commercial support in front-month contracts, closing at $2.129 a gallon and holding a 7 cent premium to August futures. Traders are likely to focus on the direction of the corn market following Monday's USDA report. This could create some uncertainty in the market ...

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