DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Mon Aug 12, 2013 04:59 PM CDT

Ethanol futures posted moderate to strong gains Monday afternoon in reaction to the strong gains in the corn market following the USDA crop report. The focus in the report came on a reduction of production estimates due to lower average yield estimates. This pushed front-month September futures 6 cents per bushel lower, while other contracts through the July 2014 contract months fell 10 cents per bushel. The lower corn prices created uniform pressure on the ethanol market, with all contracts through the end of the year falling 1.7 to 1.9 cents per gallon. Deferred futures posted just fractional gains with ...

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