NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Mon Mar 11, 2013 02:56 PM CDT

Ethanol futures posted strong gains following additional strong support in the corn market. Although corn prices were not able to keep up with the gains seen Friday, May futures posted a 7-cent-per-bushel rally. This helped to spark additional interest in the ethanol futures markets, allowing for prices to move 3 to 3.4 cents per gallon higher in all nearby contracts. Traders are looking at the combination of tight corn supplies through the summer months and increased demand for both gasoline and ethanol. This could create additional buyer interest in the ethanol markets at a time when production costs will likely ...

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