NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Jul 10, 2013 03:30 PM CDT

Ethanol futures closed mixed following renewed but lackluster buyer support in the corn market while overall ethanol stocks and production levels grew at the end of last week. August futures posted a 2.4-cent-per-gallon bounce higher, moving prices to $2.45 a gallon. Other nearby contracts were mixed from 1.2 cents per gallon lower to 1.4 cents per gallon higher as trade volume remained sluggish through the complex. The uncertainty about longer-term corn market direction and overall production levels of ethanol may limit active buying, even with strong energy market gains developing.

RBOB gasoline futures rallied sharply higher Wednesday following the release ...

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