DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue May 14, 2013 04:23 PM CDT

Ethanol futures posted moderate losses Tuesday with the main focus placed on the pressure in the corn market. June futures led the market lower, posting a 2.9-cent-per-gallon loss. A portion of this spot market pressure may be attributed to the 11-cent-per-bushel loss in the expiring May corn contracts. Although the May corn contract has very little volume at this point, the fact that it is still on the leader board has some impact to the casual observer. June ethanol futures closed at $2.642 a gallon. Other nearby contracts followed more closely with the narrowly mixed price moves in the corn ...

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