NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri May 17, 2013 03:40 PM CDT

Ethanol futures posted strong gains following a midday rally in the corn market. Front-month July corn futures posted sharp gains of 11 cents per bushel Friday. This sparked widespread buyer interest in the ethanol futures market. Although trade volumes may not have been as active as the price movement, the shift higher focused on the added interest in the market. June ethanol futures posted a 4.3-cent-per-gallon rally, closing at $2.671 a gallon. Other nearby contracts closed steady to 3 cents per gallon higher.

RBOB gasoline futures posted moderate late-week gains as increased buyer support developed with traders looking at potential ...

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