NEWS
Ethanol Blog
Rick Kment DTN Analyst
Tue Nov 13, 2012 04:33 PM CST

Despite the moderate pressure in the corn market early in the session and sharp losses Monday across corn and ethanol markets, front-month futures bounced higher Tuesday.

The 1-cent gain in the December and January contracts seemed to create a sense of stability across the ethanol complex, while traders are still uncertain about if grain and energy prices have the legs under them to push significantly higher in the near future.

Front-month December corn futures closed 5 cents per bushel higher after overcoming moderate to strong midday pressure. This indicates that additional commercial buying support is growing following the widespread liquidation ...

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