DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Mar 5, 2013 04:42 PM CST

Ethanol futures moved higher following moderate to strong gains in most commodity markets. The surge in the Dow Jones index to all-time highs seemed to spark some overall aggressiveness through most commodity markets. The May corn futures market posted a 5-cent gain, which helped to draw increased support into the ethanol market. April ethanol futures are now trading at $2.437 a gallon, after a 2.6-cent-per-gallon rally. All nearby ethanol contracts posted gains of 1.9 cents per gallon of higher, with other contracts very lightly traded. There still seems to be some long-term market uncertainty surrounding the overall demand for gasoline ...

Quick View