NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Jun 7, 2013 04:47 PM CDT

Ethanol futures bounced higher on Friday following the support in the corn futures market at the end of the week. Front-month July futures rallied 2.2 cents per gallon, as traders seemed to look past the 3-cent-per-bushel gain in the July corn futures market and focused on the double-digit gains seen in the new crop corn futures markets. This pushed front-month ethanol futures to $2.51 per gallon. Moderate support of 1 cent per gallon was seen in other nearby contracts as traders focus on the potential for increased production costs over the near future.

RBOB gasoline futures posted moderate gains at ...

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