NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu May 2, 2013 04:29 PM CDT

Ethanol futures posted sharp rallies in nearby contracts. The spot-month May contracts set new contract highs and rallied 11.4 cents per gallon Thursday afternoon. This pushed front-month futures to $2.713 a gallon. The combination between the 15-cent rally in corn market prices and sharp gains in the RBOB gasoline and crude prices led to the aggressive move higher. The price spread between the May and June futures reached nearly 20 cents per gallon, which continues to indicate a very tight supply situation as buyers aggressively focus on accessing immediate supply levels.

RBOB gasoline futures posted strong gains Thursday, following the ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?