DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Mar 6, 2013 04:49 PM CST

Ethanol futures posted sharp losses following the 20-cent drop in corn futures prices. The active commercial selling activity created additional pressure through most markets. Ethanol futures fell between 3.7 and 5.1 cents per gallon in moderate trade as traders continue to focus on the direction in the corn market. April futures closed at $2.40 per gallon down 3.7 cents per gallon. There is growing uncertainty about the ability to show short-term gains in either the grain or energy markets.

RBOB gasoline futures quickly backed away from the moderate to strong gains Tuesday which followed the aggressive financial market support. Traders ...

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