DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Aug 21, 2013 04:34 PM CDT

Ethanol futures posted strong gains following the double-digit rally in front-month September corn prices. Traders are focusing on higher corn prices increasing production costs at a time when overall demand for ethanol is expected to erode. The bounce higher in ethanol stocks in the EIA report focused on the potential for additional inventory building over the coming days if demand and production drops off in the coming weeks. September futures gained 5 cents per gallon, closing at $2.299 a gallon. Other nearby contracts posted gains of 3 to 4 cents per gallon.

RBOB gasoline futures ended the session mixed with ...

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