NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Jun 12, 2013 03:48 PM CDT

Ethanol futures posted narrow losses following the corn market lower. Although significant pressure developed in corn prices following the USDA report release, the sharp losses on Tuesday seem to have calmed the market down a bit midweek, which all nearby contracts remaining limited to fractional losses. July futures posted a 0.5-cent-per-gallon loss, moving to $2.434 a gallon. This brings the ethanol to RBOB gasoline spread to slightly less than 40 cents per gallon.

RBOB gasoline futures closed mixed at the end of the session despite early widespread support through morning trade. Nearby contracts posted light to moderate losses with front-month ...

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