NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Apr 16, 2013 04:35 PM CDT

Ethanol futures regained a portion of the losses sustained on Monday following active price support in most markets Tuesday. Corn futures rallied higher, gaining back all of the losses seen on Monday and then some. May corn closed 16 cents per bushel higher as strong commercial buying flooded back into the market. May ethanol futures posted a 3.3-cent-per-gallon gain, closing at $2.404 a gallon. The focus on upcoming and uncertain gasoline and ethanol demand over the next several weeks is causing the ethanol market to react much closer to the moves in the RBOB gasoline market than shifts in front-month ...

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