NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Mon Feb 25, 2013 04:31 PM CST

Ethanol futures posted narrow gains Monday following higher corn prices. The slight, but supportive move in nearby corn futures helped to draw additional buyer interest into all nearby ethanol contracts. Even though deferred new-crop corn prices closed the day lower, ethanol traders seem to be focusing on strong summertime demand. This could help to draw additional buyers back into the ethanol market. March ethanol futures posted a 0.8-cent-per-gallon increase, closing at $2.371 a gallon. Traders in other nearby contracts are 0.5 to 1 cent per gallon higher, with the focus more on the movement of ethanol around the country rather ...

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