NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Sep 25, 2013 04:41 PM CDT

Ethanol futures surged sharply higher following the combination of higher corn prices as well as reduced ethanol inventory in the latest EIA report. Traders are focusing on tighter supplies and lower overall ethanol production through the last couple of weeks. Even though overall ethanol production is over year-ago levels, traders are focusing on the potential that short-term supplies may continue to remain tight. October futures posted a 6.3-cent-per-gallon rally, moving to $1.891 a gallon. Other nearby contracts moved higher, but much less aggressively with price gains of 1.5 to 3.8 cents per gallon.

RBOB gasoline futures gained light to moderate ...

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