NEWS
Ethanol Blog
Rick Kment DTN Analyst
Tue May 14, 2013 04:22 PM CDT

May corn futures go off the board Tuesday, and in the overall corn market the price shifts in the May contracts have little impact on most traders. But the 11-cent loss in the May contracts seemed to have an impact on the ethanol market.

Even though any hedges in the ethanol space would not be based on the May corn futures contracts, the simple fact of a double-digit loss in "front-month" futures contracts led June ethanol contracts 2.9 cents per gallon lower.

This indicates how shifts in the market price, even if overall volume levels may be minimal, can impact ...

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