NEWS
Ethanol Blog
Rick Kment DTN Analyst
Mon Jun 17, 2013 03:39 PM CDT

The strong gains in front-month July corn futures helped to instill light buyer support into the ethanol complex on Monday. Nearby ethanol contracts posted a fractional gain at the end of the session, despite double-digit gains seen in front-month corn futures.

Traders in the ethanol market looked past corn price moves in front-month contracts and focused on the narrow price shifts in deferred futures. The loss of 3 to 4 cents per gallon in the RBOB gasoline markets were the biggest factors in limiting ethanol gains. Nearby ethanol futures gained 0.3 to 0.5 cents per gallon.

There will be increased ...

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