DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Nov 20, 2012 03:46 PM CST

Ethanol futures inched higher in extremely light trade as buyer support slowly redeveloped in the corn futures market after early pressure. The corn market started lower in overnight trade, but gained momentum through the day with front-month December contracts closing 4 cents per bushel higher. This support seemed to give the majority of ethanol contracts some support with January through April futures gaining 1.2 to 1.4 cents per gallon based on the higher production costs. Front-month ethanol futures were hampered by the pressure in the energy markets offsetting a portion of the optimism coming from the higher corn market. December ...

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