NEWS
DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Mon Jul 1, 2013 04:37 PM CDT

The ethanol market followed corn all day and ended up sharing in corn's loss to close the day on Monday. Cash ethanol prices followed and ended the day lower. The July futures closed at $2.39 per gallon, August closed at $2.319 per gallon and September futures closed at $2.180 per gallon. The continued inverse in the market signals better demand nearby, but markets have been quiet recently.

August RBOB traded lower overnight, hitting a three-day low, but rebounded on a higher crude oil opening along with possibility of renewed demand for the third quarter. Also adding to the strength was ...

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