NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue Apr 22, 2014 03:42 PM CDT

Ethanol futures expanded early week gains as traders are once again focusing on potential demand growth now that front-month futures have moved back near $2.20 per gallon and at a significant discount to the RBOB gasoline market. Renewed firmness in corn prices also seems to be drawing additional buyer support into front-month ethanol futures. May contracts led the market higher, posting a 3.2-cent-per-gallon rally. This pushed spot prices to $2.247 a gallon. Other nearby contracts posted gains of 0.5 to 2.6 cents per gallon with the emphasis still on summer contract months due to expected demand growth.

RBOB gasoline futures ...

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