NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Jul 23, 2013 03:43 PM CDT

Ethanol futures posted sharp losses Tuesday following double-digit losses in the corn futures market. September corn fell 18 cents per bushel on Tuesday. This left both nearby and deferred ethanol futures under pressure. The front-month August contract posted a 5.8-cent-per-gallon loss. This pushed prices to $2.372 per gallon. Other nearby and deferred futures posted 3.1- to 4-cent-per-gallon losses Tuesday as traders are concerned about future demand for ethanol.

RBOB gasoline futures posted narrow gains Tuesday following sharp losses early in the week. The energy market seems to be trying to find a sense of stability with front-month August contracts closing ...

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