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DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Tue Nov 19, 2013 04:43 PM CST

The inverse on front-month ethanol futures versus spring prices is at 20 cents as the demand for ethanol continues as stocks have moved lower in recent weeks. Even though the market expects the EIA on Wednesday to release increased production and stocks numbers, the tight supplies right now, especially at the Argo Hub are keeping prices firm. December closed up 3 cents at $1.83 and January was slightly higher up 0.8 cents at $1.69 per gallon.

Crude oil saw pressure early in the session on renewed optimism that world leaders will reach an agreement over Iran's nuclear program this week ...

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