DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Jun 20, 2013 04:46 PM CDT

Ethanol futures posted moderate to sharp losses Thursday following strong downward movement in the corn and RBOB gasoline markets. Corn futures prices slipped from 9 to 11 cents with consistent pressure seen through the entire complex. Nearby ethanol futures posted 2.8 to 4.8 cents per gallon with front-month July futures falling 3.5 cents per gallon and closing at $2.45 a gallon. The most significant losses were seen in the August futures as concern of summer demand for gasoline and ethanol may start to erode due to overall market pressure.

RBOB gasoline futures posted double-digit losses Thursday following widespread losses in ...

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