DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Sep 27, 2013 03:45 PM CDT

Ethanol futures backed away from previous market support Friday following light to moderate pressure in corn prices. Corn futures fell 2 to 3 cents per bushel lower as traders continue to adjust crop and supply projections ahead of harvest and the USDA report. Ethanol prices followed the trend of corn markets due to no additional market direction late in the week. October prices fell 2.7 cents per gallon, to $2.98 a gallon. Price pressure was less severe in other nearby contracts with prices limited to factional losses.

RBOB gasoline futures succumbed to general market weakness Friday as traders appeared to ...

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