NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Mon Jun 3, 2013 04:35 PM CDT

Ethanol futures posted moderate to strong pressure in front-month contracts following the pressure in the corn market. This pushed June futures 3.4 cents per gallon lower, to close at $2.71 a gallon. Other nearby contracts were limited to narrow losses, closing at 0.7 to 1.1 cents per gallon lower as there is still expected to be moderate support in the ethanol market due to tighter supplies.

RBOB gasoline futures posted strong gains Monday as traders quickly stepped into the market on the first trading day of June. Investment buying seems to be sparked by the idea that potential support could ...

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