DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri May 16, 2014 05:22 PM CDT

Ethanol futures bounced sharply higher as traders continue to quickly step back into the front-month June futures contracts ahead of the weekend. Traders are expecting additional demand support in next week's EIA report, which could likely push overall ethanol stocks lower heading into the Memorial Day weekend. This is currently putting additional momentum into the market, despite the lackluster support seen in gasoline markets at the end of the week. June ethanol futures closed at $2.24 per gallon after a 6.4 cent per gallon rally. Other nearby contracts were much more stable with gains of 1 to 4 cents per ...

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