DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Fri Sep 13, 2013 04:34 PM CDT

Ethanol futures fell to their lowest level in three years as cash corn prices continue to move lower. October ethanol closed at $1.773 per gallon and November closed at $1.645 per gallon. With USDA predictions for a large corn harvest this fall, more corn at lower prices will allow plants to run at full speed, creating an excess of supply ethanol. The D6 2013 RIN market traded between 62 to 64 cents, down 1 to 2 cents for the day.

Crude oil and RBOB traded both sides Friday and ended the week mixed on disappointing economic data announced on Friday. ...

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