DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Mon Nov 19, 2012 04:00 PM CST

Ethanol futures followed the corn market higher Monday following a strong showing in most commodity and financial markets. The corn market moved higher through the day, and closed 11 cents per bushel higher in December contracts. This led front month December ethanol futures to a 3.2-cent-per-gallon rally, closing at $2.383 a gallon. This broke through the previous monthly high set earlier in the month at $2.381 a gallon. Trade activity is expected to remain through the remainder of the week with markets closed Thursday for Thanksgiving. Although most nearby contracts posted gains of 2 cents per gallon through the Monday ...

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