DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Jul 5, 2013 02:10 PM CDT

Ethanol futures were mixed Friday with nearby contracts posting additional gains based on expectations of tight supplies. This helped push August futures 2.2 cents per gallon higher at the end of the session, closing at $2.382 a gallon. The expiration of the July contract Wednesday moved the continuous chart lower despite sharp gains in the ethanol complex over the last couple of trading sessions. The focus on inventory levels falling at the end of June offset lower corn price levels and caused nearby contracts to move in a different direction than deferred futures. Deferred futures posted losses of .7 to ...

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