DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Jul 26, 2013 04:23 PM CDT

Ethanol futures closed mixed in a narrow trading ranges as nearby traders feel the sharp losses on Thursday may have been slightly too aggressive. But the lack of support in the corn market and uncertainty about just how much additional price support will be seen through ethanol markets the rest of the summer are keeping traders cautious. August and September futures posted a 0.3-cent-per-gallon gain. This moved the August price to $2.228 per gallon, and still holding a 9-cent premium on the September contract month. Other nearby contracts posted losses of 1 to 3.5 cents per gallon as traders continue ...

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