DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Jul 25, 2014 04:01 PM CDT

Ethanol futures bounced higher Friday following a late-week boost in corn and RBOB gasoline markets. Traders are looking for the potential for additional corn market support early next week and stronger demand for ethanol as light consumer demand holds through the end of the summer. Prices are currently well entrenched with a moderate trading range, and this could continue to be the case over the next couple weeks. August ethanol futures posted a 2.3 cent per gallon gain, closing at $2.13 a gallon. Other nearby contracts posted 1.4 to 2.4 cents per gallon gains, creating underlying support through the entire ...

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