NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu May 16, 2013 04:12 PM CDT

Ethanol futures closed mixed in a narrow range in nearby contracts. Although deferred futures were more aggressively affected following strong pressure in the corn market. Front-month corn futures fell 9 cents per bushel Thursday. The focus of ethanol traders on tightening supplies and potential demand growth through the holidays overshadowed the corn market softness. This allowed June ethanol futures to gain 0.3 cent per gallon, closing at $2.637 a gallon.

RBOB gasoline futures continue to climb as additional trade activity develops ahead of the Memorial Day holiday. Light buyer support was seen in both sides of the market with June ...

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