DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Wed Nov 13, 2013 04:42 PM CST

December ethanol futures posted a 1 1/2 week high, closing up 2.7 cents at $1.76 once again moving higher than corn. The market is expecting the Thursday EIA report to show tight ethanol stocks once again after stocks dropped to a record low in late October and implied gasoline demand was higher for the month.

RBOB gasoline futures were higher with the December contract moving to its highest level since Oct. 22. The market is expecting the EIA to lower gasoline stocks on Thursday after seasonal downtimes for maintenance have slowed production. December closed 4.1 cents per gallon higher at ...

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