DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Tue Jun 11, 2013 04:56 PM CDT

Ethanol futures closed lower than corn in all months as traders backed away waiting for the EIA report to be released on Wednesday. The corn market ended higher ahead of the USDA supply and demand and production report on Wednesday with traders wondering if USDA will lower corn projections as some key areas lost acres to soggy fields. Old-crop corn futures were up cents to $6.59 1/2 per bushel and new-crop corn futures were up nearly 5 cents at $5.50 3/4. Front-month July ethanol futures were down 4 cents per gallon to $2.439 per gallon. August ethanol futures closed down ...

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