DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Dec 3, 2013 04:22 PM CST

Ethanol futures continue to skyrocket higher in front-month futures as traders try to adjust to potential additional demand over the Thanksgiving holiday as well as potential inventory losses at the beginning of the month. Traders are looking for additional direction, but the renewed price gains in corn markets helped to spur the market even further. December futures posted 15 cent gains per gallon, moving to $2.35 a gallon. There is uncertainty just how much long-term support this front-month contract will affect, but the price support is quickly affecting cash prices. Other nearby contracts increased 3- to 4-cent-per-gallon gains, driven by ...

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