DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Tue May 20, 2014 03:22 PM CDT

Ethanol futures slip lower following lack of follow-through support in corn markets Tuesday. Corn futures prices posted early gains, but market activity has been choppy through the Tuesday session, allowing front-month corn futures to fall 3 cents per bushel by closing bell. This lack of support led to moderate pressure in all nearby contracts although front-month futures were the hardest hit. June contracts slipped 2.2 cents per gallon, closing at $2.202 a gallon. July futures are still trading at an 8-cent discount to front-month futures, but the gap between the markets continues to slowly erode. Prices in all other nearby ...

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