DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Nov 13, 2012 04:36 PM CST

Ethanol futures bounced higher on late-day support as buyers stepped back into the corn market. Both December and January ethanol futures rallied 1 cent per gallon, as December closed at $2.337 per gallon. The early pressure in the corn market Tuesday seemed to indicate that continued liquidation would be the main agenda of the trading session, but commercial buying quickly stepped back into the corn market at the end of the day which helped to draw light buyer support back into ethanol markets. Deferred ethanol futures were lightly supported, with gains of 0.7 to 0.9 cents per gallon developing as ...

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