NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Feb 22, 2013 03:34 PM CST

Ethanol futures posted moderate end-of-the-week gains based on the renewed support in the RBOB gasoline market and early higher corn futures prices. The lack of ability for corn futures to hold early gains and close higher did not have a significant impact on the ethanol market. Corn futures fell a fraction of a cent per bushel in front-month March futures contracts, while other nearby contracts lost 1 cent per bushel. The ethanol market posted gains of 1 to 2 cents per gallon on moderate support and light volume. Front-month March futures posted a 1.3-cent-per-gallon gain, closing at $2.3663 a gallon.

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