DTN Daily Ethanol Comments
Mary Kennedy DTN Basis Analyst
Fri Apr 25, 2014 04:32 PM CDT

Ethanol rebounded Friday, helped by the strength in the corn market even as cash ethanol prices continue to weaken. May was up 3.8 cents at $2.255 per gallon and June was up 3.9 cents at $2.183 cents per gallon.

Crude oil prices were lower as traders took profits, along with pressure from the EIA report this week showing domestic crude stocks at its highest inventory level since the Great Depression era, according to energy sources. The EIA said crude oil stocks for last week surged 3.5 million barrels (bbl) to 397.7 million bbl. The situation in the Ukraine remains tense, ...

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