DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Apr 18, 2013 04:24 PM CDT

Ethanol futures closed mixed in an extremely narrow trading range. Corn futures continue to show additional market softness which is lowering overall production costs. This impacted deferred contracts and pushed prices as much as 2 cents per gallon lower. But nearby futures posted a fractional gain based on reduced production and lower inventory levels across the country last week. May futures closed at $2.46 a gallon after a 0.2-cent-per-gallon increase.

RBOB gasoline futures rebounded Thursday following firmness in the crude oil market. Following the sharp losses in the energy complex over the last several trading sessions, commercial buying is starting ...

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