NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Sep 10, 2013 04:38 PM CDT

Ethanol futures inched higher following mixed corn market movement. Front-month September corn futures posted light pressure. But new-crop corn prices bounced higher, which drew buyers back into the ethanol market. October ethanol prices posted a 1.3-cent-per-gallon rally, which moved prices to $1.895 a gallon. Other nearby contracts have posted a 0.6- to 1.6-cent-per-gallon gain although trade remains light.

RBOB gasoline futures tumbled lower in moderate with active pressure developing on the expectations that a resolution may be worked out. Prices in all nearby contracts fell 6 to 7 cents per gallon. October futures fell 6.67 cents per gallon closing at ...

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