DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Mon Jul 14, 2014 04:39 PM CDT

Ethanol futures drew additional buyer support Monday following a light rebound in the corn market. Corn prices which continued lower through the last couple of weeks, have finally run out of pressure as short covering seemed to be the order of business through the session. August ethanol contracts posted moderate gains, increasing 1.3 cents per gallon, and closing at $2.12 a gallon. Traders are expected to continue to focus on the direction of corn prices over the near future. Any significant market support could help to draw additional buyer interest back into the ethanol complex, although for now many traders ...

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