NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Aug 13, 2013 03:25 PM CDT

Ethanol futures became heavily influenced by the inability of corn futures to remain higher through the Tuesday session. Nearby corn contracts traded higher early in the session, but posted double-digit losses by closing bell. September through July 2014 contracts closed 16 cents per bushel lower, allowing additional concerns of further market pressure. This price shift allowed moderate to sharp losses to develop in ethanol contracts. Deferred contracts posted the most significant losses, closing 3.2 cents lower, with front-month September contracts holding a 1.8-cent-per-gallon loss, at $2.14 per gallon.

RBOB gasoline futures found additional buyer support from the rest of the ...

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