NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Feb 26, 2013 04:28 PM CST

Ethanol futures bounced higher following the sharp rally in corn markets. Traders in the corn market once again came back to the tight supplies and strong demand ideas that have always been seen in the market. But traders give these areas additional traction on Tuesday. This pushed front-month March futures 11 cents per bushel higher. Ethanol futures posted a 2- to 2.5-cent-per-gallon gain supported by the higher production costs coming from the corn market. Front-month March futures gained 2.5 cents per gallon, closing at $2.396 a gallon.

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