NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu May 23, 2013 04:57 PM CDT

Ethanol futures closed mixed following light to moderate gains in the corn market Thursday. Front-month June futures posted a 1.8-cent-per-gallon loss, closing at $2.628 a gallon as short-term buyer interest seems to have slowed following the surge in price levels of gasoline over the last couple of weeks. This could limit overall holiday driving activity and hamper the entire summer demand projections. July futures also posted moderate losses of 1.9 cents per gallon. Other contracts were able to hold fractional gains, but with prices as much as 45 cents under the current spot contract, this was not a significant market ...

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