NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Aug 30, 2013 04:32 PM CDT

Ethanol futures posted sharp losses Friday with front-month September contracts leading the market lower despite a pullback in corn prices. After holding moderate losses early in the session, the lack of activity brought corn prices back to narrowly mixed. Front-month futures closed 7.2 cents per gallon lower Friday, closing at $2.393. Most of the losses are based on lack of activity in the market. Other nearby contracts fell 1 to 4 cents per gallon as traders focused on potential demand reductions through the fall.

RBOB gasoline futures posted moderate losses Friday. Volume was light as the few traders who did ...

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