DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Mon Dec 16, 2013 04:10 PM CST

Ethanol futures posted moderate gains Monday despite the continued pressure in corn futures. Front-month January ethanol futures rallied 1.4 cents per gallon following the most recent direction in energy markets and seemed to allow corn markets to do their own thing early in the week. This moved front-month contracts to $1.779 a gallon, breaking away from the wide price swings seen over the last couple of weeks. If market stability can be established over the next several trading sessions, additional price support could build through both nearby and deferred ethanol contracts.

RBOB gasoline futures bounced higher early in the week, ...

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