DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Apr 23, 2014 04:38 PM CDT

Ethanol futures continue to draw buyer support Wednesday despite growing inventory levels at the end of last week. May futures posted a 1.5-cent-per-gallon gain, closing at $2.262 a gallon, although more and more focus is being placed on the moves in June futures, which closed at $2.173 a gallon after a 2-cent-per-gallon rally. Traders are looking for additional longer-term direction in both ethanol and gasoline demand through the rest of the spring as well as potential shifts in ethanol production over the next two months.

RBOB gasoline futures developed light pressure across the complex with all nearby contracts holding fractional ...

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