NEWS
DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Fri Aug 23, 2013 05:10 PM CDT

Front-month ethanol futures surpassed the rise in corn on Friday closing up 14.9 cents per gallon versus the September corn close up 8 cents per bushel. The EIA reported on Wednesday that ethanol production was lower for the week ending Aug. 16. As plants in the Midwest take scheduled downtimes, worries of tighter supplies nearby are supportive to the front month. The September contract closed at $2.45 per gallon and October closed up 7.6 cents at $2.03 per gallon.

RBOB gasoline futures were higher after news reports of a Canadian refinery shutting down because of mechanical problems. The refinery, located ...

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