NEWS
Ethanol Blog
Rick Kment DTN Analyst
Tue Apr 16, 2013 03:23 PM CDT

Ethanol buyer support on Tuesday was limited at best following the aggressive market pressure seen in commodity markets on Monday. The fact that ethanol futures did not regain all of the Monday losses in one day is not surprising in itself. But when compared to other commodity moves, additional questions of market direction start to arise. Front-month May ethanol futures rallied 3.3 cents per gallon higher on Tuesday, closing at $2.404 a gallon. This comes after a 5.1-cent-per-gallon tumble on Monday. The support in both the corn futures and RBOB gasoline futures markets makes the higher ethanol market price very ...

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