DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Jun 18, 2013 03:11 PM CDT

Ethanol futures closed mixed in a narrow range despite the strong market support which developed in the corn market at the end of the session. July corn futures closed 4 cents per bushel higher, but new-crop futures posted double-digit gains. This support may help to bring longer-term support into the ethanol market. But for now, traders remain uncertain about supply tightness and what impact the current corn price shifts will have on overall production. Front-month July ethanol futures fell 0.2 cents per gallon, closing at $2.503 a gallon. Other nearby contracts closed steady to 1.1 cents per gallon higher as ...

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