NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Wed Mar 13, 2013 04:22 PM CDT

Ethanol futures moved sharply higher as traders try to adjust to the idea that inventory levels are falling and production dropped last week. April ethanol contracts rallied 4.9 cents per gallon, to $2.583 a gallon, while May corn futures fell 4 cents per bushel and RBOB gasoline prices closed under pressure. The lack of similarity between the corn and ethanol markets is unusual and likely will not last. But traders in nearby contract months are focusing on the potential of tight short-term supplies as demand for gasoline and ethanol is growing.

RBOB gasoline futures have posted fractional losses due to ...

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