NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed May 22, 2013 06:14 PM CDT

Ethanol futures posted moderate gains following a strong rally in the corn market. Corn futures posted double-digit gains as active buying flooded the market. July futures rallied 18.4 cents per gallon. This sparked additional movement in the ethanol market, but given the weakness in the energy complex, only light to moderate buyer support was seen in ethanol contracts. June futures gained 1.6 cents, closing at $2.648 a gallon.

RBOB gasoline futures posted moderate losses following widespread losses in the energy markets. June futures closed 2.64 cents per gallon lower, at $2.8194 a gallon. Other nearby contracts lost 2.5 to 2.7 ...

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