DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Wed Jun 26, 2013 04:30 PM CDT

The Energy Information Administration report on Wednesday showed a 1.2% drop of total ethanol stocks in the U.S for the week ending June 21 even as production rose 1.4% during the same week. The July futures closed higher at $2.466 a gallon and August and September futures closed marginally unchanged at $2.363 a gallon and $2.247 a gallon respectively.

RBOB gasoline futures turned lower after the EIA reported a larger-than-expected jump of 1.6% in gasoline supplies last week versus lower demand the past four weeks. The market came off of its lows at the end of the day and closed ...

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