NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Apr 17, 2013 04:41 PM CDT

Ethanol futures posted sharp gains at a time when corn markets closed mixed and could not find traction and sharp losses were seen in the stock and energy markets. May ethanol futures posted a 5.4-cent-per-gallon gain based on reduced production and inventory levels at the end of last week. This pushed ethanol futures to 2.458 a gallon. Corn futures posted a 2-cent loss in front month May contracts while other nearby contracts posted moderate gains.

RBOB gasoline futures posted sharp losses Wednesday with front-month futures falling 5.28 cents per gallon. This pushed prices to $2.729 a gallon. The combination of ...

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