DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Tue Dec 24, 2013 01:30 PM CST

Ethanol futures gained on corn with very few traders around Tuesday to engage in market activity. January closed 2.6 cents higher at $1.94 and February was up 2 cents at $1.79 per gallon with a strong inverse of $1.48 to the spot month. The EIA ethanol production and stocks report normally scheduled for Wednesday will not be released until Thursday due to the Christmas holiday.

Crude oil prices were higher on positive news from the Commerce Department about increased orders for manufactured durable goods out of the U.S., along with continued support from a stronger U.S. economy. With the positive ...

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