DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Jul 3, 2014 03:24 PM CDT

Ethanol futures surged higher in front-month July contacts. The expectation that the few traders that were in the July contract got caught there helped to draw additional volatility into the market before the holiday weekend. Futures posted an 11.5-cent-per-gallon rally in front-month futures, moving to $2.235 a gallon. All other contracts posted moderate gains, increasing 0.7 to 2.6 cents per gallon as traders focus on the potential for additional demand being built through the upcoming months while overall production of ethanol may start to stabilize given the recent pressure in margins.

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