DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Feb 15, 2013 09:21 AM CST

Ethanol futures posted sharp losses following the pressure in the grain market through most of the day Thursday. Although corn futures prices fell a fraction of a cent per bushel at the end of the trading session, March ethanol futures prices fell 3.8 cents per gallon. This pushed the front month to $2.329 a gallon. The aggressive support in the RBOB gasoline market did not help to maintain buyer interest in the ethanol complex. Traders are uncertain of just how much follow through pressure may develop, but the announcement that at least a portion of the idled ethanol capacity is ...

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