DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Fri Apr 4, 2014 04:50 PM CDT

Ethanol futures recovered after steep losses in the cash markets Wednesday and Thursday that were driven by rising domestic ethanol supply and the expiration of the April ethanol futures contract expiration Thursday afternoon. Prices recovered Friday as traders covered short positions heading into the weekend. May closed up 10 cents at $2.404 per gallon and June closed up 7.9 cents at $2.259 per gallon.

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