NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Sep 19, 2013 04:39 PM CDT

Ethanol futures found additional support through the complex Thursday following moderate support in corn prices. October futures led the market higher, posting 3.6-cent-per-gallon gains, and closing at $1.88 per gallon. Front-month futures have rallied 10 cents per gallon in the last two trading sessions, which indicates additional support through the complex. The wide price spread between ethanol and RBOB gasoline markets may help to draw additional support to ethanol futures over the near future.

RBOB gasoline futures moved sharply lower following the strong late-day surge on Wednesday. Although the market shifted lower Thursday, it is still well above early week ...

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