NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Sep 5, 2013 04:00 PM CDT

Ethanol futures continue to widen the gap between front-month September contracts and the October futures contracts. Despite pressure in corn prices, the announcement of lower ethanol inventory levels at the end of last week led to aggressive front-month buyer support. September contracts posted gains of 8.7 cents per gallon. This moved prices to $2.57 a gallon. Other nearby and deferred futures closed mixed to mostly lower with fractional losses through the rest of 2013. The price spread between the September and October contract is nearly 70 cents per gallon, which could significantly cause wide ripples in the market over the ...

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