NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Oct 24, 2013 04:16 PM CDT

Ethanol futures bounced higher Thursday following renewed buyer support trickling into energy markets and strong outside financial market support developing. Corn prices showed light market softness, with front-month futures falling 2 cents per bushel. This was generally overlooked in ethanol contracts, especially front-month futures which are seemingly connected to moves in RBOB gasoline markets. November ethanol futures closed 2.5 cents per gallon higher, at $1.826 a gallon. Other contracts are still less focused on higher energy values and the softness in corn markets is limiting potential support. All other contracts were limited to 0.6 to 0.7 cents per gallon, while ...

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