NEWS
DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Fri Jun 28, 2013 04:48 PM CDT

The ethanol market stayed away from the wild ride that corn took with very thin trading volume for Friday, but cash ethanol prices did end the day lower. The July futures closed at $2.453 per gallon, August closed at $2.343 per gallon and September futures closed at $2.217 per gallon. The inverted market for the rest of the 2013 trading months shows that demand is still firm nearby as stocks dropped last week even as production rose.

August RBOB traded mixed in the overnight session, but prices turned lower and the complex closed down for the day. The increase in ...

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